An association which has been formed in accordance with the law of a Member State may set up an EA by converting into EA form if it has an establishment in a Member State other than that of its registered office. It must be able to show that it is carrying on a genuine cross-border activity. The EA's registered office, which is to be specified in its rules, must be within the Community, and must be in the same place as its central administration. The rules of the EA must provide for a general meeting and for an executive committee. A general meeting is to be held at least once a year, not more than six months after the end of the financial year.
Every member is entitled to one vote.
Decisions are to be taken by a majority of the votes of the members present or represented. The member or members of the executive committee have the power to represent the EA in dealings with third parties and in legal proceedings. They are to be appointed and removed by the general meeting. Members of the executive committee are to be appointed for a period which may not exceed six years. They may be reappointed at the end of the six-year period.