Alqanoni

Chambers of Commerce Law

Art. 45
Status unknownSaudi ArabiaRegulation

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

The General Assembly of the Federation shall have the following powers: 1. Overseeing the activities of the Board of Directors. 2. Reviewing Federation-related issues submitted by any member. 3. Approving the Federation’s annual report, final accounts of the ending fiscal year, and draft budget; and providing the Ministry with copies thereof. 4. Adopting the Federation’s internal regulations, including administrative, financial, and governance regulations, as well as regulations relating to personnel, training, and scholarships, in accordance with applicable laws. 5. Approving the appointment of one auditor, or more.

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

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