"The Co-operative shall, within six months of the end of the financial year, hold a general meeting of the Members as its annual general meeting and shall specify the meeting as such in the notice calling it.The business of an annual general meeting shall comprise, where appropriate:(a) The receipt of the accounts and balance sheet and of the reports of the Board and Auditor (if any).(b) The appointment of an Auditor, if required.(c) The election of the Board or the results of the election if held previously by ballot.(d) The application of profits.(e) The transaction of any other business included in the notice convening the meeting.In accordance with the Co-operative Principle of democratic member control, the Co-operative shall ensure that, in addition to the annual general meeting, at least three other general meetings are held annually.The purpose of these meetings is to ensure that Members are given the opportunity to participate in the decision making process of the Co-operative, review the business planning and management processes and to ensure the Co-operative manages itself in accordance with the co-operative values and principles."