Article 50 of the Saudi Chambers of Commerce Law
المادة 50 من نظام الغرف التجارية · الفصل الثاني: الأجهزة الإدارية لاتحاد الغرف
The Federation's president is specifically responsible for following strategic matters and for calling, chairing and running General Assembly and board meetings, and the Regulations set his or her other powers.
Official text (Arabic)
This article has not been amended since the law was issued.
يختص رئيس اتحاد الغرف بصفة خاصة بمتابعة الأمور ذات الطابع الاستراتيجي للاتحاد، والدعوة إلى اجتماعات الجمعية العمومية لاتحاد الغرف ومجلس الإدارة، ورئاسة هذه الاجتماعات، وإدارتها، وتحدد اللائحة صلاحيات رئيس الاتحاد واختصاصاته.
This is the official Arabic wording, the only legally binding version. We do not translate the law itself; the explanation below is ours. Official source: Bureau of Experts at the Council of Ministers
Article 50 explained in plain English
This article sets out the powers of the president of the Federation of Chambers, that is, the chairman of the Federation's board of directors under the definition in Article 1. It lists powers "in particular":
- Following matters of a strategic nature for the Federation.
- Calling meetings: meetings of the Federation of Chambers' General Assembly and meetings of the board of directors.
- Chairing and running these meetings.
The article then refers to the Implementing Regulations to set the president's responsibilities and powers, so what appears in the article is not an exhaustive list of everything the president holds, and the details are in the Regulations.
This article links to those around it: Article 49 sets the board's powers, including that the Secretary General puts his or her matters to the board after the Federation's president agrees. Article 51 explains that the board meets at least once every ninety days at the call of its president, and that the president must issue the call within fifteen days if one third of the members request it in writing.
So the president sets the Federation's bodies in motion by calling and running their meetings, while the decision itself belongs to the board or the Assembly, as the case may be.
Practical example
Members of the Federation of Chambers' board want to hold a meeting to discuss the Federation's plan. Under this article, calling, chairing and running the meeting is the responsibility of the Federation's president, subject to what Article 51 provides on a request by one third of the members.
Translated from our Arabic explanation with machine assistance. For guidance only; it does not replace advice from a lawyer on your situation.
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Frequently asked questions about Article 50 of the Saudi Chambers of Commerce Law
What are the powers of the president of the Federation of Chambers?
He or she is specifically responsible for following the Federation's strategic matters and for calling, chairing and running the meetings of the General Assembly and the board of directors.
Where can I find the Federation president's powers in detail?
The article refers to the Implementing Regulations to set the Federation president's responsibilities and powers.
More articles on Federation Board of Directors
- Article 43
Article 43 names the three administrative bodies of the Federation of Chambers: the General Assembly, the board of directors, and the General Secretariat.
تتكون أجهزة اتحاد الغرف الإدارية مما يأتي: 1- الجمعية العمومية. 2- مجلس الإدارة. 3- الأمانة العامة.
- Article 44
The Federation's General Assembly is made up of the chambers, each represented by members of its board other than its president, according to its number of subscribers under the Regulations and with a minimum of one member.
تتكون الجمعية العمومية لاتحاد الغرف من الغرف، ويتم تمثيل الغرفة في الجمعية العمومية من بين أعضاء مجلس إدارة الغرفة عدا رئيسها، ويكون تمثيل كل غرفة في الجمعية ال
- Article 45
Article 45 sets the powers of the Federation's General Assembly: following the board, discussing matters, approving the report, final accounts, budget and internal regulations, and approving the auditor.
تختص الجمعية العمومية لاتحاد الغرف بما يأتي: 1- متابعة أعمال مجلس إدارة الاتحاد. 2- مناقشة الموضوعات المتعلقة بالاتحاد التي يقدمها إليها أي من أعضائها. 3- مناقش
- Article 46
The Federation's General Assembly meets yearly within 90 days of the end of the fiscal year, and may be called at the request of the board or 20% of its members, with meetings and voting allowed electronically.
1- تجتمع الجمعية العمومية لاتحاد الغرف في مقره الرئيس مرة على الأقل كل سنة خلال الـــ(تسعين) يوماً التالية لانتهاء السنة المالية، وذلك بدعوة من رئيس اتحاد الغرف
- Article 47
Article 47 provides that the Federation of Chambers' board of directors is made up of the presidents of the chambers.
يتكون مجلس إدارة اتحاد الغرف من رؤساء الغرف.
- Article 48
The Federation's board elects its president and two deputies by secret ballot and absolute majority, the Minister appoints them for three years, and the president may not run for the next term unless he or she served less than a year.
1- يعقد مجلس إدارة اتحاد الغرف أول اجتماع له خلال المدة التي تحددها اللائحة لاختيار رئيس المجلس ونائبيه الأول والثاني من بين أعضائه، ويتم الانتخاب بالاقتراع الس
The texts are reproduced from the official website of the Bureau of Experts at the Council of Ministers for reference; where they differ, the officially published Arabic text prevails. This content is not legal advice.