The Constitution of the Broome Park Owners Club - as reprinted October 2005.

In this Constitution the following expressions shall have the following meanings:

"Assignment" means the assignment of a lease of the first and second floors of the Broome Park Mansion House incorporating the suites between the Freeholder Sunterra Europe Ltd as Assignor and Royal Exchange Trust Co. Ltd.

"the Club" means The Broome Park Owners Club.

"the Committee" means the body of persons appointed under Clause 10 hereof.

"the Constitution" shall mean this Constitution and any amendments hereto made in accordance with the provision hereof.

"the Deed of Trust" means the Deed in the form annexed hereto or any similar document for the time being in operation together with the Deed of Substitution dated 23rd December 1983 and 'Trust Deed" shall be construed accordingly.

"the Form of Surrender and Request" means the form as annexed to the form of Holiday Certificate annexed hereto as referred to in Clause 14 hereof.

"the Freeholder" is Sunterra Europe Limited whose Registered Office is at Citrus House, Caton Road, Lancaster, LA1 3UA.

"a Holiday Certificate" means the certificate in the form annexed hereto more particularly referred to in Clause 7 hereof and "Certificate" shall be construed accordingly.

"the Management Agreement" means the contract for management services more particularly referred to in Clause 10.4 hereof and any similar document for the time being in operation.

"the Management Charge' means the charge provided for under Clause 11.

"Members" means the members from time to time of the Club.

"Suites" means the suites at Broome Park Mansion House, Barham, near Canterbury, Kent as the same are referred to in Clause 6 hereof and "suite" shall be construed accordingly.

Except where the context otherwise requires the words and phrases in this Constitution shall be construed in accordance with the Interpretation Act 1978 and the headings in this Constitution shall be ignored.

2. NAME

The Club shall be called "The Broome Park Owners Club".

3. LOCATION OF CLUB

The main office of the Club shall be at Broome Park, Barham, near Canterbury, Kent or at such other place as shall from time to time be determined by the Committee of the Club.

4. OBJECTS

The club shall be a non-profit making Club whose object is to secure for its members:

a) joint rights of ownership of certain suites at The Broome Park Mansion House, Barham. near Canterbury, Kent and

b) exclusive rights of occupation of such suites for specified periods in each year until 24th June 2015.

5. MEMBERSHIP

The Club shall consist of such number of Members as shall be admitted to membership as hereinafter provided.

6. APPOINTMENT OF TRUSTEE

6.1 A lease for the suites have been vested in and for the rights of access to such suites to be vested in and for rights to use facilities enjoyed by the Broome Park Golf & Country Club to be granted to an independent trustee (hereinafter called "the trustee") who will hold the same upon trust for the benefit of the Club from time to time upon the terms of the Deed of Trust in the form annexed hereto.

6.2 The current Trustee shall be Royal Exchange Trust Co. Ltd, whose registered office is at 155 Bishopsgate, London EC2M 8TG and such trustee shall hold the suites intended to form the property of the Club pursuant to an Assignment of a lease granted to the Broome Park Owners Club for a term of thirty-five years from the 24th day of June 1980 subject to an option for prior determination as more particularly provided in the said lease.

6.3 The Deed of Trust shall at a General Meeting of the Members of the Club duly convened and held in accordance with this Constitution be ratified and confirmed.

7. RIGHTS OF OCCUPATION

The exclusive rights of occupation of the suites shall be granted in accordance with the following provisions:

7.1 For each suite there will be issued 50 Holiday Certificates each of which will be valid until 24th June 2015 and will entitle the registered holder thereof to occupy such suite to which it relates for the weekly period in each calendar year referred to therein in accordance with the provisions of this Constitution.

7.2 Such weekly periods will be numbered from 3-50 with the weekly period numbered 3 beginning on the third Saturday in January in each calendar year. In the case of weekly periods 51 and 52 each such period shall commence on 22nd December and 29th December respectively in each calendar year and each such period shall  commence at 16.00 hours and shall respectively end at 10.00 hours on the 29th December and 5th January in each calendar year. In the case of weekly periods numbered 3-50 (inclusive) each such period shall commence on a Saturday at 16.00 hours and shall end at 10.00 hours on the following Saturday.

7.3 The dates of the said weekly period for the duration of the Club shall be as set out in the Table of Weekly Periods annexed hereto.

8. TERMINATION OF LEASE

Upon termination of the Lease, the suites shall together with all furnishings and fittings be handed over to the Freeholder.

9. MEMBERSHIP

9.1 Any person (not being a minor) may apply for and be admitted to membership of the Club. A person shall include an incorporated company or body and persons may purchase in joint names in which case they shall both apply for membership. See Clause 19 in respect of multi-ownership

9.2 No person or persons shall be registered as a holder or holders of a Holiday Certificate or be entitled to the benefit thereof unless he or they shall be a member or members of the Club.

9.3 The Committee shall have power to admit applicants to membership and issue Holiday Certificates for each week. Holiday Certificates may be transferred from current members or the representatives of deceased members in accordance with the relevant provisions of the Constitution.

9.4 Membership of the ordinary members of the Club shall cease on the occurrence of any of the following events:

a) the transfer of a member's Holiday Certificate subject to the transferee becoming

a member of the Club; or

b) the cancellation of a member's membership in accordance with the subsequent provisions of the Constitution; or

c) until the 24th June 2015 provided always that termination of membership as aforesaid shall be without prejudice to any person's rights in respect of a member's liabilities arising prior to the said determination.

9.5 Every Member shall from time to time communicate his address to the Committee and, if he lives outside the United Kingdom, also the address of a banker or other authorised agent residing in the United Kingdom. All notices posted telexed or otherwise delivered to the United Kingdom address of the member or his agent which is recorded in the Register of Members referred to in Clause 10.6 hereof shall be deemed to have been duly given to the Member 7 days after the date of despatch of the notice if the Member lives within the United Kingdom or 21 days after the date of despatch of the notice if the member lives outside the United Kingdom.

10. APPOINTMENT OF COMMITTEE AND POWERS

10.1 The Business and affairs of the Club shall be managed by a Committee of not more than five persons who will be elected from members of the Club at Annual General Meetings of the Club. Nominations are to be sent together with nominee's signed agreement to serve and must be submitted by 31st August each year so that details of candidates can be circulated to all owners prior to AGM. The Committee shall meet as often as necessary and at least once every twelve months. A majority of the members of the Committee may call a Committee meeting by notice in writing to all members at least fourteen days prior to the date of such Committee meeting. At the first meeting of the new Committee after the AGM one of the Committee members shall be appointed to act as Chairman of the Committee for the ensuing year. The Chairman will be elected by a majority of those members of the Committee present at the meeting in question. Decisions of the Committee shall be on the basis of a majority of those present and in the event of any equality of votes, the Chairman shall have the casting vote. A majority of the elected members of the Committee shall form a quorum. Proper Minutes of proceeding at Committee meeting shall be taken.

10.2 Members of the Committee shall serve for a period of 3 years taking it in turns to retire. Retiring members may offer themselves for re-election. The Committee shall have power to co-opt onto the Committee and its working parties such additional members who possess special skills or knowledge. Such co-option being for a temporary period of up to the date of the next A.G.M and to be reported to members at the appropriate A.G.M.

10.3 Save as herein provided election or removal of members to and from the Committee shall be dealt with only at Annual General Meetings or Special General Meetings of the Club and nominations shall be similarly recorded.

10.4.1 The Committee shall have powers to do all things that may be necessary for the carrying out of the objectives of the Club for its general management and shall be entitled to delegate such powers as may be necessary to a management company to perform its functions, such delegation, if thought advisable, to be set out in a management agreement. The Committee may delegate special duties and responsibilities to its Chairman and members of the Committee to enable them to carry out specific duties and actions. These delegated duties must be properly recorded at Committee meetings.

10.5.1 At any time to appoint a member of the Club to fill any casual vacancy amongst the elected members of the Committee occurring through death, illness, resignation or otherwise. All such persons so appointed shall hold office only until the next following Annual General Meeting but shall be eligible for re-election for the unexpired portion of the period for which the Committee member whom he was so co-opted to replace would otherwise have been due to serve.

10.5.2 To make By-Laws at any time for the proper regulation of the Club and such By-Laws shall be binding on all members of the Club. Such By-Laws shall not conflict with this Constitution and in the event of any apparent conflict the terms of this Constitution shall prevail.

10.5.3 To appoint such sub-committee and such working parties as shall be necessary for the carrying on of the management of the Club.

10.5.4 At any time to cancel or suspend for a reasonable period of time the membership of any member in accordance with the provisions of Clause 10.7 below.

10.5.5 To enter into all Contracts and Agreement which the Committee may deem necessary or desirable in connection with the management of the Club and to apply the funds of the Club in payment of the expenses of management, administration and running of the Club as detailed in Clause 11 except insofar as these powers may have been delegated to the Management Company under the Management Agreement.

10.5.6 To appoint a member of a recognised supervisory body who is eligible for appointment under the rules of that body.

10.5.7 To agree the remuneration of the auditors, solicitors and any other professional advisors from time to time appointed or instructed by or on behalf of the Club and to agree the annual remuneration of the trustee.

10.5.8 To bring, defend, agree to be joined, settle or compromise any proceeding or claims of any kind in relation to the affairs of the Club or the obligations of the Members hereunder or under the Deed of Trust referred to in Clause 6 and in the event of any such proceedings or claims relating to some only of the members to bring, defend, agree to be joined, settle or compromise the same on behalf of such members at their respective costs.

10.5.9 In the event of the determination of the appointment of the initial trustee or of any trustee subsequently appointed by or on behalf of the Club in accordance with the sub-clause to appoint another body or person as trustee of the property of the Club.

10.6 The Committee shall maintain or cause to be maintained a register of names and current addresses of members of the Club indicating when they became members and when, if appropriate, they ceased to be members.

10.7.1 If any member fails to pay towards the management expenses etc, under Clause 11 hereof within 8 weeks of the due date of payment the Committee shall automatically cause that member to be suspended (see 10.7.3). If within a further 4 weeks the member still has not paid his said contribution, the Committee shall automatically cause that member's membership to be cancelled and action taken under 10.7.4. Payments made after 3 months of the due date shall be liable to an additional charge to cover the costs of administrative expenses. All management fees must be paid in full prior to seeking use of suite either by owner in person or any assigned person. (The Committee or their agent ensure the right to refuse entry to suites if contributions have not been fully paid). Members wishing to bank suites with RCI are required to pay in advance the Management Fee (or estimated Management Fee) for the suites in question.

10.7.2 If any member infringes the provisions of this Constitution or any rule, regulation or By-Law made thereunder or if any member's conduct, whether within the club premises or elsewhere, is in the opinion of the Committee injurious to the good name of the club or renders him unfit for membership, the Committee shall have power to suspend or cancel the member's membership. No membership shall be suspended or cancelled under this sub-note without the member first being summoned before the Committee and full opportunity afforded to him to advance a defence nor unless a majority of the elected Committee then present shall vote for suspension or cancellation of the membership.

10.7.3 Upon suspension the member shall not be allowed to occupy the unit(s) to which his holiday certificate relate nor shall he be entitled to use the club premises not attend any club meeting nor vote at any election nor hold any office during suspension, but he shall remain liable to pay his said contribution and any additional costs due through late payment.

10.7.4 Upon cancellation the member shall surrender his/her holiday certificate(s) to the Committee and the Committee shall take such steps as are necessary to rent, sell or transfer at the best obtainable prices and such proceeds to be retained by the Club for the benefit of owners to be used in their best interests. The Committee shall have the power to issue a duplicate certificate (s) in the event of the member failing to surrender his/her cancelled certificate (s).

11. MEMBER'S LIABILITY FOR PAYMENT OF MANAGEMENT EXPENSES ETC

11.1 The Members of the Club shall contribute to all reasonable costs incurred by the Club including and without prejudice to the generality of the foregoing the reasonable cost of the following:

11.1.1 Maintenance, repair, decoration, (where appropriate) cleaning, and where necessary repair of the interior of the suites, services and facilities provided by the Club for the benefit of the Members whether exclusive or in common with others entitled thereto.

11.1.2 Maintenance, repair, and when necessary, replacement of furniture, equipment utensils provisions, furnishing, fittings and fixtures in or about or pertaining to the suites.

11.1.3 Insurance of the Club's property of whatsoever nature for the full reinstatement cost thereof and any other insurance which the Committee shall consider necessary or appropriate.

11.1.4 All outgoings incurred in respect of the Club's property including rates and other charges or impositions whether of an annual or recurring nature or otherwise.

11.1.5 All work and acts which are required to be done to comply with any statutory provisions or the directions or notices of any governmental, local or public authority.

11.1.6 Any reasonable management charges or any other charges whatsoever which may be incurred in the management and preservation of the value of the Club's property and the running of the Club's affairs by the Committee.

11.1.7 The establishment and maintenance of a sinking fund for the replacement of capital items of the Club's property.

11.1.8 The establishment and maintenance of any reserve fund requested by the trustee in accordance with Clause 13 of the Deed of Trust.

11.1.9 All costs, expenses, claims, demands, losses and damages paid, incurred or sustained by the trustee on behalf of members pursuant to the Deed of Trust or the Lease.

11.1.10 The fees and expenses of the trustee and all other costs, expenses or payments to the trustee under the Deed of Trust and the fees and expenses of the auditor, solicitors and other professional advisors herein before referred to.

11.2 The Committee shall have sole discretion in deciding what monies should be spent for any of the foregoing purposes and when the same shall be expended.

12. CLUB'S POWERS

The Club shall have the power:

12.1 To borrow money

12.2 To grant securities and mortgages over its property

12.3 To purchase, lease or otherwise acquire additional property and

12.4 To sell, lease, grant easements over or otherwise dispose of or deal with its property or any rights over its property PROVIDED THAT the foregoing powers shall be exercisable only upon a decision by not less than a two thirds majority of votes cast at a General Meeting.

13. FURTHER OBLIGATIONS OF MEMBERS

The Members of the Club shall automatically be bound by the terms and provisions of the Deed of Trust upon election to membership and upon execution by the Member of a Holiday Certificate such Member shall by the acceptance of this Constitution also be deemed to have accepted the obligations imposed on the Club and the Members by the provisions of the Deed of Trust. Each Member of the Club shall also be subject to the following obligations (and to the intent that such obligations shall continue to bind his estate after his death and until such time as his holiday Certificates shall be transferred to a new or other member of the Club and notwithstanding that his personal representatives may not themselves be members):

13.1 To occupy the suite to which his Holiday Certificate relates for the appropriate period of time in each year and no longer.

13.2 At all times to observe the regulations relating to the occupation of the suites a copy whereof is annexed to this Constitution and all variations, additions and amendments thereto made by the Committee.

13.3 To keep and maintain the interior of the suite and all of its contents to which his Holiday Certificate relates in a good and tenantable state and condition during the period of his occupancy and to pay or indemnify the Club against any damage, deterioration, or dilapidation (over and above fair wear and tear) and damage or destruction (over and above fair wear and tear) and damage or destruction by fire or any other risk insured against which may have taken place during the period of his occupation) as to which the Committee shall be the sole judge.

13.4 In the event of any repair or maintenance work to be carried out to the suite or its contents during the period of a Certificate holder's occupancy of the apartment to allow access on reasonable notice (except in the case of emergency) to the necessary workmen and others to enable such work to be carried out provided that any such work will be carried out with all due diligence and speed and will not insofar as is reasonable interfere with member's enjoyment of their occupation of the suites.

13.5 Not in any way to make any alterations to the suites to which his Certificate relates or the contents thereof.

13.6 Electricity is covered in the management charge but all telephone calls are metered and paid separately at end of occupancy.

13.7 To notify the Committee and the Management Company forthwith of any change in his permanent address.

13.8 Not to do anything which would make void or voidable the insurance for the time being in force and relating to the buildings of which the suite forms part or which may operate to increase the premium payable in respect of any such insurance and to indemnify the Club and the trustee against any increased and additional premium which by reason of any such act or default may be required for effecting or keeping up any such insurance and in the event of the suite or any other property as aforesaid or any part thereof being damaged or destroyed by any insured risks and the insurance money being wholly or partially irrecoverable by reason solely or in part of any act or default of such member then and in every such case to pay forthwith to the Club or the trustee or as directed by either of them the whole or as the case may require a fair proportion to be conclusively determined by a surveyor to be appointed by the Club of the cost of the rebuilding and reinstatement of the same as the case may be together with the whole or such proportion as aforesaid of the fees of such surveyor.

13.9 In the event of any member letting, granting rights over or for any other reason parting with occupation of the apartment to which his Holiday Certificate relates in accordance with the terms hereof the whole or any part of the relevant period of occupation immediately to give notice thereof to the Committee with details of the name and address of the person who has been allowed into occupation.

14. TRANSFER OF HOLIDAY CERTIFICATES

14.1 Any member may subject to the provisions hereof bequeath or agree to sell or otherwise transfer the rights to which he is entitled pursuant to a Holiday Certificate in favour of a third party subject to such third party becoming a member of the Club and subject to the discharge of the member's liabilities hereunder up to the date of transfer. In the event of the death or bankruptcy of any member (or the winding up of a member being a corporation) his personal representatives, trustee in bankruptcy or liquidator as the case may be, may agree to sell such rights to a third party or to vest the same in a beneficiary subject to the third party or beneficiary becoming a member of the Club.

14.2 In the event of a member agreeing to sell or otherwise dispose of the rights vested in him pursuant to his Holiday Certificate or in the case of the personal representatives, trustee in bankruptcy or liquidator of a member agreeing to dispose of or vest such rights in a third party the member, personal representatives, trustee in bankruptcy or liquidator as the case may be shall deliver the relevant Holiday Certificate to the Committee with the Form of Surrender and Request endorsed thereon duly executed by such member, personal representatives, trustee in liquidator (and stamped if necessary) and by the person to whom such rights are to be transferred or vested in and, upon production of satisfactory evidence of the transfer vesting or other devolution of such membership rights, and upon payment of the fee hereinafter mentioned, the Committee shall within 28 days of such evidence being produced issue a new Holiday Certificate in the name of the new member whose admission shall be ratified at the next following General Meeting of the Club. The register of members of the Club shall be duly completed to register such transfer.

14.3 A reasonable fee may be charged for the registration of the transfer which fee may be revised by the Committee from time to time. A member may also let the suite to which his Certificate relates for the whole or a part or the period to which his Certificate relates subject to notification being given in terms of Clause 13.9 hereof but provided that the member will be in any event during the period of such let remain the holder of the Certificate and will be primarily responsible for all the obligations incumbent on the holder of the Certificate.

15. GENERAL MEETING OF THE CLUB

15.1 The Annual General Meeting of the Club shall be at the Broome Park Mansion or such other place as the Committee shall decide on such a date in each year as shall be determined but not so as to cause a period of fifteen months to elapse between each Annual General Meeting by the Committee and shall be convened by notice sent to all members not less than twenty-eight days before the date of the meeting together with the Agenda of the business to be conducted at such meeting.

15.2 The Committee may and shall upon a request in writing from the holders of not less than ten per cent in number of the Holiday Certificates call a Special General Meeting of the Club to be convened and held in the manner prescribed for Annual General Meeting save that fourteen days notice only shall be necessary.

15.3 Notices of Special and Annual General Meetings shall contain copies of the Agenda for such meeting and the exact wording of any resolution to be voted upon at the meeting. No business other than that specified in the Notice of Meeting and documents therewith shall be considered at the Meeting.

15.4 At every General Meeting the Chairman of the committee (and in his absence a Chairman appointed by a majority of those present at the meeting) shall preside. Each member shall be entitled to one vote irrespective of the number of Holiday Certificates held and voting rights shall be exercised by way of a poll and not by a show of hands. Members will be entitled to appoint a Proxy to vote in their stead. A Proxy need not be a member of the Club. At all meetings in the case of an equality of votes the Chairman shall have the casting vote. Any resolution to be proposed otherwise than by the Committee at any Annual or Special General Meetings of the Club shall be submitted in writing to the Committee not less than forty two days before the date of the Meeting if it is an Annual General Meeting or twenty-eight days if it is a Special General Meeting and shall be signed by the Proposer and Seconder and by not fewer than ten other members. Any resolution involving a change in the Constitution shall require not less than a three quarter majority of all votes cast. At all General Meetings of the Club the quorum shall be four members present in person or by proxy. Minutes of all General Meetings will be prepared by the Committee and circulated to all members of the Club within 6 weeks of the General Meeting.

15.5 The instruments appointing a Proxy shall be in writing under the hand of the appointer or his attorney duly authorised in writing or if such appointer is a corporation under its common seal, and if none, then under the hand of some officer duly authorised in that behalf. The instrument appointing a Proxy and a Power of Attorney or other authority if any under which it is signed or a certified or office copy thereof shall be deposited at the offices of the Club not less than forty eight hours before the time appointed for holding the meeting or adjourned meeting at which the person named in the instrument proposing to vote and, in default the instrument of Proxy shall not be treated as valid. No instrument appointing a Proxy shall be valid after the expiry of twelve months from its date.

15.6 Voting at all meetings of the members including Annual General Meetings and Special General Meetings shall be on the basis of membership. Where a Holiday Certificate or Certificates are owned jointly the vote of the first named joint owner of the Holiday Certificate or Certificates only shall be counted.

15.7 The Deed of Trust shall be adopted and ratified by the members at the Annual General Meeting of the Club and notice of such ratification is to be given to the trustee within seven days of the said ratification.

16. AUDIT

16.1 The financial year of the Club shall end on 31st March in each year or on such other date as the Committee may decide. The Committee shall cause proper books of account to be kept with regard to:

16.1.1 All sums of money received and expended by the Club and the matter in respect of which such receipts and expenditure take place.

16.1.2 The assets and liabilities of the Club.

16.2 At the Annual General Meeting in every year the Committee shall lay before the Club an audited income and expenditure account for the period since the last preceding account (or in the case of the first account, since the inception of the Club) together with an audited balance sheet made up as at the same date. Every such balance sheet shall be accompanied by proper reports of the Committee and the auditor and copies of such account, balance sheet and reports shall not less than twenty-eight days before the meeting be sent to all members at their respective addresses.

17. TERMINATION PROVISIONS

17.1 The Club shall continue in existence until the 24th June 2015 unless otherwise resolved by not less than a three quarters member’s majority of the members in General Meeting. Should the members so resolve the Club shall be wound up and its assets dealt with in accordance with this Clause.

17.2 In the event of the winding up of the Club the trustee shall realise the assets of the Club with power to delay or postpone the conversion of any particular asset if so directed by the Genera! Meeting at which the resolution to wind up the Club was passed or if so directed by any subsequent General Meeting.

17.3 The sums realised pursuant to Clause 17.2 shall be distributed first in discharge of all liabilities in accordance with the provisions of any Trust Deed for the time being in force and secondly in discharge of all other debts and liabilities of the Club.

17.3.1 The net assets (if any) of the Club available for distribution after the foregoing provisions of this Clause have been complied with (hereinafter called "the net assets") shall be notionally apportioned to each of the suites comprising the property of the Club in equal proportions according to the number of suites comprising the property of the Club at the time of the resolution to wind up the Club.

17.3.2 The amount of the net assets apportioned to each suite as aforesaid shall be for the purpose of ascertaining the amount thereof to be distributed to each member divided into fifty equal units of value (each such unit being referred to in this Clause as a "Unit of Value") and there shall be distributed to each member or Founder Member (as the case may be) in respect of each of the said weekly periods to which it is entitled one Unit of Value.

18. MISCELLANEOUS

18.1 Any dispute or difference arising out of this Constitution shall be referred to the decision of a single arbitrator to be agreed between the parties in default of agreement to be appointed upon the application of either party by the President for the time being of the Law Society.

18.2 If any such dispute or difference relates to the interpretation of this Constitution then the arbitrator shall resolve such dispute or difference by construing the said interpretation in such a way as shall, in the arbitrator's opinion, preserve and promote the interests of the members as a whole.

19. MULTIPLE OWNERSHIPS

19.1 In this Clause "multi owner' means a person (individual or corporate) who himself or through any nominee, connected person, associated company or otherwise is the beneficial owner solely or jointly with any other person or persons of more than ten Holiday Certificates or is otherwise entitled to be registered as the holder of more than ten Holiday Certificates and 'multi ownership' shall be construed accordingly. In relation to any individual a 'connected person' is any of that individual's spouse parent child or any other lineal antecedent or descendent and any such antecedent or descendent of such spouse. In relation to any person an 'associated company' is an incorporated body which the Committee reasonably believes to be influenced or capable of being influenced in the carrying on of its day to day activities by such person by reason of his direct of indirect ownership of such incorporated body or any shares in it or any appointment of him as director or otherwise or by reason of the fact that both that person (itself being a company) and that incorporated body are directly or indirectly owned or controlled by any third party. In determining the question whether any person is or is not a multi owner the fact that the relative Holiday Certificates may or may not relate to the same suite shall be irrelevant.

19.2 This Clause 19 shall have effect and shall only have effect in any case of multi ownership.

19.3 Each member who is a multi owner shall at any meeting of the Club be entitled to one vote only irrespective of the number of Holiday Certificates held by such member and where a number of Holiday Certificates are in multi ownership and the respective registered holders of those certificates are two or more different persons then the Committee may (having sought to obtain agreement from such persons) direct which of them shall be entitled to exercise that vote.

19.4 Each member who is a multi owner(as defined in Clause 19.1) shall:

(a) pay management expenses relative to all Holiday Certificates in respect of which he is the multi owner annually in advance based on the Committee's estimate of such expenses and with any short-fall or overpayment being paid or repaid following publication of the accounts for the year in question.

(b) provide further security in respect of the management expenses relative to all such Holiday Certificates for the year following that in respect of which payment is due under Clause 19.4(a). Such security shall either be a cash deposit (with interest to the payer) or a UK clearing bank guarantee or other guarantee acceptable to the Committee in each case equal to or in respect of the Committee's estimate of the said management expenses.

(c) provide the Club with written details (names and addresses) of all those using the relevant suites with the permission of or in the right of the member not less than 28 days prior to their arrival.

(d) bring to the attention of such users all relevant rules and other matters relating to the occupation of the suites and associated facilities (in translation if appropriate) and with the information thus supplied being in a form previously approved by the Committee and

(e) comply with such other matters as the Committee acting in the interests of the membership as a whole and with a view to maintaining the character and good standing of the Club shall deem appropriate.

19.5 If a Multi Owner fails to pay his contributions towards management expenses within 28 days of demand or fails to comply with the obligations contained in paragraphs 19.4(a) and (b) the Committee may forthwith and for so long as he shall remain in breach as aforesaid suspend his membership of the Club and all associated rights including of occupation and voting.

19.6 In determining whether any member or potential member is or will be a multi owner the Committee may require such person to provide such information or evidence as the Committee may reasonably require and any failure to provide such information or evidence shall render the person (if a member) liable to suspension from membership by the Committee.

19.7 If a multi owner or potential multi owner is or will be a multi owner by virtue of ownership through any nominee connected person associated company or otherwise then the Committee may request that all such ownership or potential ownership is consolidated into a single name and if such consolidation is not voluntarily effected then the Committee shall (following such consultation with the relevant owners as the Committee thinks reasonable and practicable) determine the identity of the person who shall for the purpose of this Constitution be the owner (and multi owner) of all relevant Holiday Certificates PROVIDED THAT nothing in this paragraph or this clause shall relieve any person from any contractual or other liability to the Club or any other person mentioned in this Constitution.

19.8 For the avoidance of doubt it is understood that this Clause 19 provides for the special category of "multi-owner" (as already defined). Nevertheless, the multi-owner shall in all other respects be treated as a member of the Club and be subject to the provisions of the Constitution as a whole save in respect of time for payment as provided in Clause 19.5. In the event of a direct conflict between the provisions of this Clause 19 and any other part of the Constitution then the Constitution shall take precedence. In particular, the power of suspension contained in Clause 19.5 shall be in addition to and not in substitution for the powers of suspension and cancellation otherwise provided in the Constitution and in particular Clauses 10.5.4., 10.7.1, 10.7.2, 10.7.3, and 10.7.4.

APPENDIX

REGULATIONS

(see Clause 13.2)

1. Not to use any suite forming part of the property of the Club nor permit the same to be used for any purpose whatsoever other than as a private holiday home in the occupation of no more than the maximum number of persons from time to time permitted by the Club nor for any purpose from which a nuisance can arise to other members or their permitted occupiers or any owner occupier of adjoining land nor for any illegal or immoral purpose whatsoever nor for the purpose of any trade, business, profession or manufacture.

2. No windows belonging to any suite shall be stopped-up, darkened or obstructed otherwise than by use of the curtain material or internal/blinds provided by the Club and no washing, clothes or other articles shall be hung or exposed anywhere outside any suite or in any position visible from outside the building of which any suite forms part.

3. Not to throw dirt, rubbish, rags, oil or any deleterious material or other refuse or permit the same to be thrown into the sinks, baths, lavatories and conduits of any suite.

4. No music or singing whether by instrument or voices, wireless, gramophone, television or other means shall be allowed in any suite so as to cause nuisance or annoyance to any member or permitted occupier of adjoining land and in particular so as not to be audible outside any suite between the hours of 11.30 pm and 9.00 am.

5. No animal or bird shall be brought upon or kept in any suite.

6. To comply with all arrangements from time to time made by the Club in relation to the disposal of refuse from any suite and not to shake, beat, permit to be shaken or beaten any carpets, dusters or other objects from the windows or doors of any suite and at no time to throw dirt, rubbish, rags, food or any other material substance whatsoever out of the windows or doors of any suite.

7. Not to obstruct the halls, stairways, corridors, passages and landing or the building of which any suite forms part nor the private roadways of the Broome Park Estate nor to use them for any other purpose than for access to and egress from the suite to which the member is entitled.

8. At all times to keep the private roadways, gardens, grounds and amenities of the Broome Park Estate clear from all obstruction by motor vehicles, bicycles, wheelchairs or other vehicles and all seats, chairs and other possessions of whatsoever kind belonging to a member and to comply with all reasonable directions from time to time made by the Club in relation to the use by members.

9. No perambulator, scooter, bicycle, tricycle, wheelchair or other vehicles or wheeled toy shall be allowed to stand in the halls, stairways, corridors, passages and landing of the building of which any suite forms part.

10. Not to store or allow to remain in any suite any inflammable or explosive substance.