(adopted by Special Resolution passed on 8 October 2003)

1. The name of the Company (hereinafter referred to as 'the Association') shall be AGRICULTURAL INDUSTRIES CONFEDERATION LIMITED.

2. The Registered Office of the Association will be situate in England.

3. The objects for which the Association is established are:

(a) To promote the consideration and discussion of all questions affecting the interest of all those who are engaged in trading in, manufacturing, processing, or distributing of grain, pulse, seeds, feedingstuffs, fertilisers, agricultural and horticultural chemicals or other goods and services used in the industry of agriculture and to promote economy and efficiency in such trades (hereinafter termed all business sectors connected with agriculture or related to the food chain) and to protect the interests of those engaged in such sectors by all lawful means and generally to promote the consideration of matters affecting the industry of agriculture.

(b) To promote just and honourable practice in the conduct of the business sectors connected with agriculture or related to the food chain and to that end to make rules and regulations upon which contracts and other documents used in the trade may be based from time to time and to draw up forms of contract founded upon just and equitable principles with the object of standardising the basis of commercial transactions.

(c) To encourage and promote the settlement by arbitration of disputes arising out of or linked to the business sectors connected with agriculture or related to the food chain between members of the Association, or between its members and non members; to lay down rules to be observed in the conduct of such arbitrations; to appoint arbitrators and umpires for the settlement of such disputes; and to appoint Committees of Appeal to hear and decide appeals from the awards of such arbitrators and umpires.

(d) To procure information for its members as to the standing and responsibility of parties with whom they transact or propose to transact business.

(e) To give the legislature, Government departments, public bodies or institutions and societies or associations and all others connected with agriculture or any other industry, facilities for conferring with and ascertaining the opinions of its members upon matters directly or indirectly affecting the business sectors connected with agriculture or related to the food chain.

(f) To originate and promote improvements in the law affecting the business sectors connected with agriculture or related to the food chain and to support or oppose alterations therein and to effect improvements in administration and, for the purposes aforesaid, to petition Parliament and take such other steps and proceedings as may be deemed expedient.

(g) To undertake on behalf of its members the functions and duties of a Trade Protection Society.

(h) To promote the common business interests of its members either alone or in conjunction with other bodies or associations having similar objects, and if necessary for that purpose to subscribe to or affiliate, mutually or otherwise with such other bodies or associations.

(i) To take or defend, or contribute to, or assist in any proceedings by or against the Association, or any member thereof, in any lawful manner, provided that questions of principle affecting the rights or interests of the business sectors connected with agriculture or related to the food chain are involved therein.

(j) To purchase or take on lease any real or personal property.

(k) To circulate amongst its members information on all matters affecting the business sectors connected with agriculture or related to the food chain to print, publish and issue such papers, periodicals, books circulars, advertisements and other literary undertakings as may seem conducive to any of these objects.

(I) To establish and support or to aid in the establishment and support of associations and institutions calculated to benefit members or ex members and their dependants, to grant pensions or allowances, and to subscribe or collect money for charitable objects linked to the business sectors connected with agriculture or related to the food chain.

(m) To act as principals or agents for insuring the property, interests or liabilities of its members, to take out policies on behalf of its members in the name of the Association, and to receive commissions from underwriters, insurance companies, brokers and others.

(n) To enter into co operation with any association or company carrying on or engaged in any work which this Association is authorised to carry on or engage in.

(o) To invest the moneys of the Association not immediately required upon such securities or otherwise in such manner as may from time to time be determined and to lend money on mortgage of real property in the United Kingdom.

(p) To borrow any moneys required for the purposes of the Association upon such terms and upon such securities as may be determined and for that purpose to issue debentures.

(q) To sell or dispose of lease, mortgage or otherwise deal with the undertaking or property of the Association or any part thereof, for such consideration as the Association may think fit, and in particular for shares, debentures, securities, or other interests in any other company having objects altogether or in part similar to those of the Association.

(r) To promote or form or assist in the promotion or formation of any company or body for the purpose of doing or undertaking all or any of the duties, powers or liabilities which the Association is authorised to do or undertake and to delegate to such company or body all or any of the duties or powers of the Association and to arrange for the undertakings by any such company or body of all or any of the duties or liabilities of the Association.

(s) For the purpose aforesaid to appoint and remunerate officers and servants of the Association.

(t) To pay all expenses, preliminary or incidental to the formation of the Association and its registration.

(u) To do all such other lawful things as may be incidental to or conducive to the attainment of the above objects or any of them.

(v) To promote technical or other services for the purposes of improving efficiency in the business sectors connected with agriculture or related to the food chain and to receive fees and commissions for such services.

(w) To promote and carry out research and other work linked to the business sectors connected with agriculture or related to the food chain and for that purpose to establish, and equip, maintain and support suitable laboratories and plant for the carrying out of experiments, tests and other activities as may be deemed advisable, and to provide funds for payment of any person or persons engaged on that work in the laboratories or elsewhere, and of professional and technical advisers.
It is hereby declared that the objects specified in each of the sub clauses of this clause shall be regarded as independent objects, and accordingly shall in no way be limited or restricted by reference to or interference from the terms of any other sub clause.

4. The liability of the members is limited.

5. Every member undertakes to contribute to the assets of the Association in the event of the same being wound up while he is a member or within one year afterwards for payment of the debts and liabilities of the Association contracted before he ceases to be a member, and of the costs, charges and expenses of winding up the Association and for the adjustment of the rights of the contributories amongst themselves such amount as may be required not exceeding one additional year's subscription beyond the sum (if any) which may be then due from him in respect of this annual subscription.