1. The General Assembly of the Owners Association shall hold a General Assembly at least once every year within a period not exceeding (30) thirty days from the end of the year. The BOD Owners Association Chairman shall read a report on the conditions of the Association for deliberation.

2. The meetings of the General Assembly shall be held based on a written invitation addressed by the Owners Association Chairman to all members of the Owners Association or based on a request signed by the Owners (25%) twenty-five per cent of the votes at least according to an invitation announced to the members in accordance with the law and this resolution.