Alqanoni

Chambers of Commerce Law

Art. 28
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

A chamber secretary general shall strive to achieve the chamber’s objectives, and shall particularly have the following powers: 1. Supervise and monitor the chamber’s activities. 2. Implement the decisions of the chamber board of directors. Chambers of Commerce Law 3. Draft the internal regulations and submit them to the chamber board of directors for review prior to submitting them to the general assembly for approval. 4. Prepare the draft budget and submit it to the chamber board at least 60 days prior to commencement of the fiscal year. 5. Prepare the annual report and the final accounts and submit them to the chamber board of directors within 60 days from the commencement of the new fiscal year. 6. Set the chamber’s general policies, plans, and programs and propose projects necessary for achieving its objectives. 7. Arrange the meetings of the chamber general assembly, board of directors, and committees, as well as seminars and conferences. 8. Prepare a quarterly report on the chamber’s performance showing key performance indicators and submit it to the chamber’s board of directors. 9. Appoint the chamber’s employees, subject to provisions relating to nepotism. 10. Nominate the deputies of the chamber secretary general for approval by the board of directors. 11. Supervise and monitor the performance of the employees of the chamber's secretariat, and strive to optimize their performance. Chapter 3: Subscription

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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