Commercial Register Law

A committee, or more, shall be formed by a decision of the Minister. Said committee shall consist of at least three members and shall be chaired by a member having legal qualifications. The committee shall have the power to review the violations and impose the penalties provided for in Article 21 of this Law. The Minister may specify the violations for which penalties may be imposed directly without being referred to the committee. The working rules of the committee and the remuneration of its chairman, members, and secretariat shall be determined by a decision of the Minister.