Issue link: http://itf.uberflip.com/i/245029
vi) To report to the Annual General Meeting on all financial matters. vii) To amend the Regulations of the Competition following decisions taken at the Annual General Meeting. viii) To decide the scale of the entry fee and prize money. ix) To register in the name of the ITF any trade marks in connection with the Competition and to protect such trade marks. x) Other duties as set out in these Regulations. Except for paragraph iv) above, no decision may be taken by the Board of Directors unless at least half the members are present, and all decisions shall be based on a majority vote. However, if a postal vote is called for by the Chairman, the required majority shall be two-thirds of the members. 9. THE FED CUP COMMITTEE (a) The Board of Directors shall appoint every two years a Fed Cup Committee, which should consist of a Chairman, who shall be a member of the Board of Directors, and six further members. Each member shall be from a Nation which has played in the Fed Cup Competition at least five times. For the purpose of this Regulation the President of the ITF, if appointed as a member of this Committee, shall be deemed not to come from any Nation. (b) The duties and powers of the Fed Cup Committee shall be: i) To manage the World Group, World Group II and Zone Group Events. ii) To ensure the uniform application of these Rules and Regulations and the Fed Cup Code of Conduct. iii) To administer the funds of the Competition within the financial framework of the ITF. iv) To use the funds of the ITF for any necessary expenditure in the general interests of the Competition. v) To report to the Board of Directors on all financial matters. vi) To impose penalties laid down in these Regulations. (c) The Fed Cup Committee shall submit regular reports to the Board of Directors. 10. THE FED CUP EXECUTIVE DIRECTOR (a) The Executive Director shall carry out the decisions of the Board of Directors and the Fed Cup Committee and administer the arrangements for the Competition. (b) For the purposes of correspondence and the issue of notices required by these Regulations, the Executive Director shall be the representative of the Board of Directors. 5