5.7

decision or operation must be submitted to the Board of Directors. Upon approval by the latter, the decision or operation may be executed. 5.7.8 The procedure described in provisions 5.7.4 to 5.7.6 is not applicable in the following 2 cases: • in the case... not proceed where possible conflicts of interest may emerge which are significant to the overall work of the Board. 5.7 Specific Rules for the Management Committee 5.7.1 Members of the Management Committee do not participate in any decision-making