Alqanoni

Chambers of Commerce Law

Art. 53
Status unknownSaudi ArabiaRegulation

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

The Federation’s Secretary General shall: 1. supervise and monitor the activities of the General Secretariat; 2. implement the decisions of the Federation’s Board of Directors; 3. draft the Federation’s internal regulations and submit them to the Board of Directors for review prior to their submission to the General Assembly for approval; 4. prepare the Federation’s annual report and submit it to the Board within the first 60 days of the new fiscal year; 5. prepare the Federation’s draft final accounts and draft budget and submit them to the Board at least 60 days prior to the end of the fiscal year; 6. arrange the meetings of the Federation’s Board of Directors and General Assembly; 7. prepare a monthly report on the Board’s performance showing key performance indicators and submit it to the Federation’s Board of Directors; 8. appoint the employees of the General Secretariat of the Federation, except for his deputies who shall be appointed pursuant to a decision by the Board of Directors upon nomination by the Secretary General; 9. supervise and monitor the performance of the employees of the General Secretariat of the Federation and strive to optimize their performance; and 10. prepare the Federation’s organizational structure and refer it to the Board of Directors for approval. Chapter 3: The Federation Financial Affairs

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

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