Oasis LMF has been constituted so that it operates in line with its Members’ wishes and is protected against takeover by minority factions.
The Members provide the Strategic direction of the company. Currently, Members are of two types:
- Members, who can vote at the Annual General Meeting and attend the Members’ Advisory Group, which advises the Board. The Annual General Meeting approves accounts and remuneration and appoints the Members’ Advisory Board and also appoints the Board to run the Company.
- Associate Members, representing the many other parts of the community – academics, suppliers, standard monitors and other related organisations - who can collectively appoint 2 members to the Members’ Advisory Group.