The Yemeni Chambers of Commerce and Industry Law No. (28) of 2003
In the name of the people :
President of the Republic :
- After perusal of the Constitution of the Republic of Yemen .
- And after the approval of the House of Representatives.
{We have issued the following law}
The first Door
Nomenclature and definitions
Article (1): This law is called (the Law of Chambers of Commerce and Industry and its General Federation).
Article (2): The following terms and expressions, wherever they appear in this law, shall have the meanings indicated next to each of them, unless the context requires otherwise:
Republic:
Republic of Yemen .
The Ministry:
Ministry of Industry and Trade.
Minister:
Minister of Industry and Trade.
The rooms:
Chambers of Commerce and Industry established in accordance with the provisions of this law.
General Union:
The General Federation of Chambers of Commerce formed under this law.
Electoral Committees:
They are the committees supervising the election of chamber councils in the governorates, as stipulated in Article (55) of this law.
The Federation's Board of Directors:
The Board of Directors of the Federation formed under this law.
The member:
Affiliate member of the room.
General Assembly:
The General Assembly of the Federation and the Chambers separately formed under this law.
Board of Directors:
The Chamber's Board of Directors formed under this law.
Governorate:
The capital secretariat and any of the governorates of the Republic.
Chapter Two
Establishment of chambers - their goals - their competencies
Article (3): A - Chambers are established by a decision of the Minister based on a request from the Federation attached to the minutes of the founding meeting signed by at least one hundred of those who practice commercial or industrial work in the governorate .. provided that they are registered in the commercial registry.
B - If the Minister does not decide on the application submitted to him by issuing the establishment decision within 30 days from the date of receiving the application with all the documents indicated in Paragraph (A) of this Article, the Chamber shall be considered legally established. The establishment of the Chamber has the right to resort to the judiciary.
C - The number of members of the board of directors and the percentage of representation of the groups of merchants and industrialists in the board shall be specified in the decision to establish the chamber, and the minister has the right to amend the representation percentages at the request of the concerned chamber in accordance with what is stated in this law.
D - The Chamber shall have an independent legal personality and financial liability.
E - It is permissible for any chamber to open offices for it in various cities in the governorate whenever the need arises.
F - It is permissible to establish specific rooms in the secretariat of the capital and the governorates of the Republic whenever the required conditions are met.
Article (4): Existing rooms established under previous legislation are considered rooms established under this law.
Article (5): Chambers of Commerce and Industry is a professional economic organization that works to organize and care for commercial and industrial interests, develop them and represent them to all parties, defend the interests of its members, and establish relations with foreign chambers of commerce and with all organizations related to the chambers’ work and objectives. And to study matters related to commerce and industry and to request data and information of interest to it in the field of its competencies and other works that fall within the tasks of the chambers, and taking into account the generality of the previous text.. The chambers of commerce and industry specifically practice the following competencies:
1- Studying and expressing an opinion on the commercial and industrial statistical information and data provided by the government agencies specialized in statistics, classifying and publishing them, and supplying the commercial and industrial sector and the departments interested in them, with submitting proposals that contribute to formulating the economic policy in the Republic.
2- Working to encourage and attract national and Arab and foreign capital and coordinate between local, Arab and foreign institutions to set up development projects and exchange experiences in accordance with the economic development plan.
3- Actual participation in the work of the relevant governmental and non-governmental committees in drawing up general economic policy within the framework of their jurisdiction.
4- Holding and participating in trade fairs and attending local and international trade conferences in coordination with the General Union and the Ministry.
5- Giving opinion to the competent authorities on any issue related to commercial and industrial affairs.
6- Publishing the prices of commodities traded in the local market and the prices of the main imported materials.
7- Issuing certificates of origin for local exports abroad and ratifying certificates and other commercial documents.
8- To ratify the validity of the signatures of the merchants and industrialists registered with the Chamber, and the dates of the papers submitted to the Chamber, and the guarantees are also ratified.
9- Registering and classifying merchants and industrialists and granting them certificates and membership cards that prove their commercial quality and rank.
10- Documenting contracts and agreements between foreign companies and the commercial and industrial sector in the Republic.
11- Issuing newspapers, magazines, periodicals, statistics, data and reports that aim to provide information and introduce commercial and industrial activity in the Republic, and to educate merchants and industrialists about the laws and government decisions, and urge them to abide by them.
12- Preparing studies and proposals that guarantee the protection, development and regulation of local products and submitting them to the competent authorities.
13- Providing the courts with information related to the customs and norms prevailing in commercial and industrial transactions upon request.
14- Recording the judgments issued by the arbitration committees in the chambers and providing the courts with a copy of them if requested to do so.
15- Holding lectures and seminars on economic development and to improve the performance of administrative and accounting cadres for companies and commercial establishments in cooperation with the General Union and the competent authorities.
16- Nominating experts specialized in the commercial and industrial fields, at the request of the courts or government authorities, in order to study issues related to their specialization and submit the necessary reports in this regard to the concerned authorities.
17- Organizing a special archive to preserve local and international commercial and industrial information.
18- Issuing the commercial and industrial directory for each governorate.
19- The Chambers participate in collective negotiations related to the conclusion of collective joint work contracts.
20- Providing the Ministry with information, data, commercial statistics, lists and names of members of the chambers, in order to benefit from them and refer to them upon request.
21- Establishment of specialized institutes within the scope of its jurisdiction in accordance with the approved national standards.
22- Any other tasks consistent with the nature of the Chambers activity.
Article (6): The chambers may accept the settlement of commercial and industrial disputes that are submitted to them by agreement of the parties by forming a committee or committees for conciliation or arbitration, provided that one of its members is from the board of directors, taking into account the arbitration law.
Article (7): The chambers may form specialized committees from among their members or from others with experience for any purposes within their competencies, provided that the reports of these committees are presented to the board of directors for approval, and they have the right to establish specialized divisions for their members.
Article (8): Each chamber may communicate with other chambers and government agencies to provide them with data and information within its competencies, in a manner that does not conflict with the provisions of the laws in force.
Article (9): Chambers may own the buildings they need as headquarters and affiliated facilities.
Article (10): Chambers may not engage in commerce or industry or engage in speculation.. However, they may employ or invest their funds in excess of their expenses and which they obtain from their revenues, in the areas approved by their board of directors.
Article (11): Only chambers formed in accordance with the provisions of this law may exercise the functions and competencies of chambers of commerce and industry, or take the name of a Yemeni chamber of commerce or industry, or any other name that indicates or includes this name.
Chapter Three
Configuration of rooms and conditions of membership in them
Its fall and the rights and duties of the member
chapter one
room configuration
Article (12): The chamber consists of natural and legal persons who practice commercial or industrial work and are registered in the commercial and industrial register who have main or subsidiary centers in their jurisdiction.
Article (13): A - Everyone who carries out commercial or industrial work and holds a commercial and industrial register must participate in the chamber in which his headquarters is located. Those branches must subscribe to the chamber in which it is located, and the membership card is not granted until after obtaining the commercial and industrial register.
b- The commercial and industrial register or the license to practice the profession in the authorities shall not be renewed except after proof of the Chamber’s membership card and the renewal of the annual subscription.
Chapter II
Membership terms and conditions
Article (14): a- A natural person affiliated with the Chamber is required to have the following:
1- He must not be less than (18) years old.
2- To be registered in the commercial or industrial register.
3- To carry out his business in main or subsidiary commercial centers, shops and addresses, and to actually engage in industry or trade.
4- He shall pay the Chamber's membership fees and the annual subscription.
B - A legal person affiliated with the Chamber of Commerce and Industry is required to meet the conditions stipulated in clauses (2, 3, 4) of paragraph (a) of this article.
C- It is a condition for a person who practices commercial and industrial business at the same time to be affiliated with the Chamber in all of his commercial or industrial qualities at the same time.
Article (15): The membership of a member of the Chamber shall be forfeited in the following cases:
1- If the member stops practicing commercial or industrial activity for a period of five years.
2- If he is declared bankrupt or his commercial or industrial activity is liquidated.
3- If the member is late in paying the annual subscription for a period of two years after the warning.
Chapter III
Member rights and duties
Article (16): A - The member or his representative, as the case may be, shall enjoy the following rights:
1- Attending the Chamber’s general assembly meetings.
2- Expressing opinions and observations within the official meetings of the Chamber’s Assembly, within the framework of the Chambers’ objectives.
3- Participate in and benefit from the activities carried out by the Chamber.
4- Nomination for membership in the Chamber's Board of Directors.
5- Participation in the elections for those who spent at least one year as a member of the Chamber.
6- Voting in meetings.
7- Possession of a membership card.
b- A chamber member must strive to achieve the chamber’s objectives, abide by its regulations, abide by its decisions, observe the principles of the profession he practices, adhere to its traditions, defend it, and pay his annual subscription.
Chapter Four
General Assembly and Board of Directors
chapter one
Composition of the General Assembly
Article (17): The Chamber’s general assembly is made up of all its affiliated members who have paid their prescribed contributions for the previous years until the month preceding its meeting and who are registered in the commercial or industrial registry.
Article (18): The legal person shall represent in the meetings of the general assembly of the chambers from among the employees he chooses, provided that:
1- He shall have a written authorization from the authority he represents, stamped with its official seal.
2- His representation shall be in accordance with the internal rules and regulations of that authority.
Article (19): a- The Chamber’s general assembly meets periodically at least once a year at the invitation of the chairman of the board of directors or his representative in his absence, during the four months following the end of the fiscal year, and it meets in an extraordinary meeting at the request of one-third of its members to At least, or at the invitation of the Minister, if necessary.
b - The invitation to attend the meeting for the members of the association is published in an official daily newspaper, three weeks before the date set for the meeting. The invitation must indicate the date, time and place of the meeting and the agenda.
Article (20): The ordinary meeting of the general assembly is not valid unless attended by (51%) of its members. If the quorum is not available in the first meeting, the assembly must be called for a second meeting to be held within thirty days, and the second meeting is considered valid regardless of the number of attendees.
Article (21): The minister has the right to send a delegate to attend the meeting of the general assembly of the chambers without having the right to deliberate or vote, and he has to write down his notes, if any, to recite to the attendees and alert them if there is a violation of the provisions of the law and to report this to the minister.
Chapter II
Functions of the General Assembly
Article (22: (a) The general assembly of each chamber is concerned with the following:
1- Approval of the annual budget and final account.
2- Deliberate on the issues and topics listed on the agenda and take the necessary decisions in their regard.
3- Electing the members of the chamber's board of directors when the time for their election comes by secret ballot.
4- Deliberation on issues raised by one-third of the members of the Chamber's general assembly.
5- Dismissal of the board of directors in case of violation.
b- Voting in the Chamber’s general assembly meetings shall be open, except in the case of the election of the board of directors, in which case it shall be by direct secret ballot.
Chapter III
Board composition
Article (23): A - The Chamber’s Board of Directors shall consist of no less than five members and no more than eleven members, according to the following detail:
- From 100 members to 300 members The Board of Directors consists of five members.
- From 301 members to 500 members, the Board of Directors consists of seven members.
- From 501 members to 1500 members, the Board of Directors consists of nine members.
- From 1501 members or more, the Board of Directors consists of eleven members.
B - It is not permissible to elect two members of the board of directors from one company.
Article (24): A person who nominates himself for membership in the chambers’ board of directors, in addition to the conditions that must be met for membership in the chamber, must meet the following conditions:
1- He shall be a holder of the citizenship of the Republic of Yemen.
2- That he is not less than twenty-five years old.
3- To improve reading and writing.
4- He should be a member of the Chamber during the three years preceding the election. In the case of establishing a new chamber, he must have practiced commerce for five consecutive years prior to the election.
5- He should be residing in the governorate in which the chamber was established.
6- To deposit in the Chamber’s treasury an amount of (10,000) ten thousand riyals upon nomination, and this amount shall be included in the Chamber’s revenues.
Article (25): Member legal persons may nominate for membership in the Chamber's board of directors whom they choose from among their employees, provided that the position they occupy is not less than the position of the president, deputy or general manager.
Article (26): The term of membership of the Chamber's board of directors is four years, and the same member may be re-nominated in the following elections.
Article (27): A- If a member of the chamber’s board of directors becomes vacant by death or resignation, or loses one of the conditions of membership or for any other reason stipulated in this law, the one who won in the last election the most votes after the members of the chamber’s board of directors who won the elections ascends to membership. next in votes.
B- If it is not possible to appoint in the manner referred to in paragraph (a) of this article, the general assembly of the chamber is called to elect the member or members required to fill the vacant membership, and the membership in this case is for the remainder of the council’s term.
Article (28): a- The board of directors elects from among its members immediately after the end of the election a chairman of the board and two deputies, one for the industrial sector and the other for the commercial sector by secret ballot.
B - If the position of the chairman or one of his two deputies becomes vacant for the reasons mentioned in Article (27) of this law, the chamber’s board of directors shall elect a successor to him.
the fourth chapter
Council Functions
Article (29): The Chamber’s Board of Directors shall exercise the following duties and responsibilities:
A- Managing and managing its affairs in a way that achieves its objectives set out in this law.
B- Supervising the work of the executive management in general, especially the following tasks:
1- Studying and approving the annual plans and programmes.
2- Discussing and approving the final account, the estimated budget and the annual report before presenting it to the General Assembly.
3- Approving the bylaws and bylaws of an organization for the work of the administration in the Chamber.
4- Appointing and dismissing the general manager of the chamber and determining his powers, his monthly salary and any other remuneration.
Article (30): The heads of the chambers’ boards represent them on all occasions and before the judiciary.
Article (31): A - The Chamber’s Board of Directors meets at least once every two months at the Chamber’s headquarters at the invitation of the Chairman of the Board, and he has the right to call the Board for an extraordinary meeting.
Article (31): A - The chamber’s board of directors meets at least once every two months at the chamber’s headquarters at the invitation of the chairman of the board and he has the right to call the board for an extraordinary meeting. In this case, the invitation is sent within three days from the date of receiving the request.
B - Board meetings are valid if the meeting is attended by the majority of members. If the majority of members does not attend on the specified time, the meeting is postponed for two days at least and eight days at most, during which the invitation is sent to the members, and the number of attendees in the eighth meeting is considered a quorum, provided that their number is not less than three members.
C - The Board of Directors issues its decisions by the majority of those present, and if the votes are equal, the side of the Chairman of the Board shall prevail.
Article 32: The chamber’s board of directors shall be notified by a registered letter of the council member if he fails to attend three consecutive sessions without giving an acceptable excuse.
Article (33): a- The decisions of the chamber’s board of directors shall be invalid in the following cases:
1- If the board of directors exceeds the limits of its competencies stipulated in Article (5) of this law.
2- If the council does not observe the provisions of Article (31) of this law.
B - If the board of directors of the union finds that there are violations committed by the board of directors of one of the chambers, the board of directors of the union must alert the board of directors of the relevant chambers to stop those violations.
Article (34): A - The chairman or member of the chamber’s board of directors who has a direct or indirect special interest in any matter or proposal submitted in writing to the board of directors or one of its committees for consideration must inform the board of the nature of the interest that links him to that matter or proposal. He may not participate in any deliberation or decision issued by the Chamber's Board of Directors with respect to that matter or proposal.
B - The members of the board of directors, including the president and his deputies, may not deal or enter into a party in a commercial transaction of selling, buying or borrowing with the chamber and they are members of it and this applies to its general manager, and a member of the chamber’s board of directors may not receive a salary in return for his work in the board.
C - A member may be paid a transportation allowance or a travel allowance during the tasks assigned to him by the Board of Directors, or an allowance for representation in permanent committees outside the scope of the chambers and in accordance with the regulations issued by the Federation and approved by the Minister.
Chapter V
Forfeiture of the Chamber's Board of Directors membership
Article (35): A- The membership of any member of the chamber’s board of directors shall be forfeited if he violates the provisions of Article (34) of this law, or if it is proven that he has abused his powers or tampered with the chamber’s funds after being investigated by the board of directors and a decision has been taken to revoke the membership.
B - In the event of a member’s grievance, the Union shall form a committee to investigate and decide whether or not membership is revoked after hearing his statements. in which he is a member.
C - In all cases, the member is obligated to return the money he spent illegally and in contravention of the provisions of this law.
Chapter Five
room finances
Article (36): a- The Chamber’s funds and revenues consist of the following:
1- The registration fees paid by the member upon affiliation with the Chamber and the annual subscription for the members.
2- Arbitration fees and fees collected by the Chambers in return for their work.
3- The revenues of the establishments owned by the Chambers.
4- Donations, gifts and bequests approved by the Board.
5- Subsidies provided by members.
6- Proceeds of issuing the industrial commercial directory for the governorate.
7- Nomination fees for membership in the Chambers of Commerce Board of Directors.
8- Any other revenues spent with the Chamber's purposes.
b- The annual subscriptions, fees and wages set forth in Paragraph (a) of this Article are determined by a decision of the Chamber’s Board of Directors.
Article (37): The entitlement to the annual subscriptions for the chambers begins on the first of January of each year, provided that all subscriptions are paid in a date not later than October of the same year. It exceeds (25%) of the subscription fees in addition to the fees for the year of entitlement.
Article (38): The Chamber shall spend the funds generated from the various revenues for the purposes for which it was established and stipulated in Article (5) of this law.
Article 39: The chambers may invest the surplus funds in the investment fields approved by the chamber’s board of directors, taking into account what is stated in Article (10) of this law.
Article (40): A - The Chamber’s Board of Directors shall issue a decision approving the Chamber’s estimated budget, and the Federation shall be informed of the estimated budget for each Chamber.
B - If the decision referred to in Paragraph (a) of this Article has not been issued before the start of the fiscal year, the Chamber works on the previous year’s budget for a maximum period of three months, after which it may work with the new budget it approved.
Article (41): A - It is not permissible to spend any amount that does not have a budget appropriation or exceed the appropriation listed, nor transfer an amount from one chapter to another in the budget, or use the appropriation included for a purpose other than the intended purpose, except with the approval of the Board of Directors.
B - Decisions issued and violating the provisions of Paragraph (A) of this Article shall be considered void, and the members who participated in the violation shall be responsible, each to the extent of his violation, for refunding the money spent for a purpose other than the intended purpose within two weeks from the date of the Council’s request for its refund, with the Ministry informed of that, and the violators are referred to the judiciary .
Article 42: The Chamber’s Board of Directors approves the Chamber’s final account for the past year within four months from the end of the fiscal year and it is presented to the Chamber’s general assembly for approval and approval.
Chapter Six
General Federation of Chambers
chapter one
Create the union
Article (43): A - A General Federation of Chambers of Commerce and Industry shall be established in accordance with this law, with its headquarters (the Capital Secretariat), and the federation enjoys a legal personality and an independent financial liability that authorizes it to practice legal actions and litigation before the courts.
B - The Federation consists of all Chambers of Commerce and Industry established in the Republic.
Chapter II
Objectives and tasks of the union
Article (44): The Federation supports the activities of the Chambers, organizes their efforts, provides the necessary information and coordinates among them. The Federation also works with the Chambers in carrying out their tasks, and for this purpose, it may do the following:
A- Preparing studies for all economic activities in cooperation with the Chambers and submitting them to the competent authorities.
B - Representing the Chambers of Commerce and Industry with the competent authorities in matters that do not fall within the competence of a particular chamber.
C- Submitting reports to the Minister and the relevant authorities on economic developments in general and notifying the Chambers of the results of those reports.
D- Participation in government councils and bodies related to general economic policy.
e- Participation in collective negotiations related to the conclusion of collective joint work contracts with relevant regional and international organizations.
f- Assisting the chambers in preparing studies that will enable them to carry out their duties and work on everything that leads to their revitalization, progress and growth.
g- Carry out reconciliation and arbitration between the chambers themselves or between third parties if requested to do so.
H- Coordinating efforts and cooperating with Arab, regional and international chambers and federations and exchanging commercial and industrial information in order to achieve common interests.
I- Issuing the industrial commercial directory of the Republic.
Article (45): The General Federation and the Chambers of Commerce and Industry express and submit an opinion to the relevant authorities on the following issues:
A- Preparing and amending draft laws and regulations of an economic nature.
b- Establishing free markets and stock exchanges and holding exhibitions.
Article (46): The Federation may work in coordination with the Chambers and with the approval of the Minister on the following:
A - Establishing commercial and industrial centers and institutes and managing them for their members.
b- Holding permanent and temporary markets and exhibitions at home and abroad.
Chapter III
Federation General Assembly
and the Federation's Board of Directors
Article (47): The General Assembly of the Federation is composed of members of the boards of directors of the chambers in the capital secretariat and the governorates.
Article (48): The Federation’s Board of Directors consists of eleven members, in which the Chambers are represented as follows:
A- The main chambers (Amanat Al-Asimah, Aden, Taiz, Al-Hodeidah, Al-Mukalla) are represented by six members, of whom two are members of the secretariat, and the rest of the chambers have one member each.
B- The remaining five members are elected from the rest of the chambers without the participation of the members of the five chambers mentioned in paragraph (a).
Article (49): a- The Federation’s Board of Directors shall elect from among its members during the electoral cycle:
1- Chairman of the Board.
2- Vice President for Industrial Affairs.
3- Vice President for Commercial Affairs.
B - The Chairman of the Board of Directors of the Federation chairs the meetings of the Council and represents the General Federation before the judiciary and the administrative authorities.
Chapter Seven
Union Resources
Article (50): The resources of the General Union consist of the following:
1- (10%) of the rooms’ total annual revenues.
2- The wages that the Federation receives in return for the work it performs.
3- Subsidies provided by members.
4- Donations and gifts approved by the Federation’s Board of Directors.
5- Proceeds of issuing the Republic's Industrial Commercial Directory.
6- Any other revenues consistent with the purposes of the General Union and the tasks it performs in accordance with this law.
Article (51): The General Union shall be subject to the provisions prescribed for the Chambers with regard to preparing and approving the estimated budget and final accounts, as well as the provisions of Articles (9, 11, 26, 27, Paragraph (b) of Article (28), as well as Articles (29), 31, 33, 34) of this law, taking into account the change in the term of the Chambers to the General Union.
Article 52: The decisions of the Federation Council shall be invalid in the following cases:
1- If the board of directors exceeds the limits of its duties and powers stipulated in Article (44) of this law.
2- If the council does not observe the provision of Article (31) of this law.
Article (53): The Minister shall have the right to supervise the work of the Chambers of Commerce and Industry and its General Federation, and to monitor the extent of compliance with the application of the provisions of this law. In case of violation, the Minister has the right to take all legal measures.
Chapter Eight
Procedures for organizing elections
Chambers of Commerce and Industry and its General Federation
Article (54): a- It shall be within the competence of the Board of Directors of the General Union:
1- Determining the date of the chambers council elections, provided that this takes place no less than two months before their legal date.
2- Approval of the electoral manual and all documents related to the elections.
B - The President of the General Federation shall undertake the following matters:
1- Informing the Minister of the election date approved by the Federation Council and the names of the Federation delegates in the electoral committee lists.
2- Inform the chambers of the election date, and all the regulations governing the elections as approved by the Federation Council.
3- All the controls organizing the elections, as approved by the Federation Council, are circulated to the heads of the electoral committees.
Article (55): A- The Minister shall, upon the request of the Federation Council, issue a decision to form electoral committees in each governorate as follows:
Article (55): A- The Minister shall, upon the request of the Federation Council, issue a decision to form electoral committees in each governorate as follows:
1- Head of the Commercial Division of the Governorate Appeal Court.
president.
2- A representative of the Ministry of Industry and Commerce.
member.
3- A representative of the General Federation of Chambers
member.
B - The Electoral Commission shall assume the full supervision of the conduct of the elections and work for their success. Among its powers are:
1- Deciding on the objections that appear on the voters’ lists.
2- Receiving the nomination applications and ensuring that they comply with the approved conditions and announcing the names of the candidates.
3- Carry out vote counting and announce the results.
4- Deciding on the appeals submitted to it.
C - It is permissible to challenge the validity of the election or to request the membership revocation of one of the winning board members within five days from the end of the election, provided that he deposits the chamber’s treasury with a security of (5,000) five thousand riyals that will not be refunded if the request is abandoned or if the committee rejects the appeal.
Article (56): A - In coordination with the Minister, the Federation Council shall call for the convening of the General Assembly of the Federation and during the first month after the end of the Chambers elections. The Minister shall attend this meeting or assign his representative to attend.
b - The president of the federation shall submit a written report on the conditions of the federation, including all that the new members of the association must know.
c- Those whose membership in the board of directors of the chamber to which he belongs has expired, withdraw from the former members of the Council.
d - The Minister or his representative chairs the meeting of the General Assembly of the Federation and undertakes the following procedures:
1- Opening the door for nomination to the screening committee of (3) members and voting on it.
2- Announcing the names of the chambers holding automatic membership in accordance with Article (48) of this law in the Federation Council.
3- Opening the door for candidacy for membership of the Federation Council from the chambers covered by paragraph (2) and for the remaining number of the Federation Council, conducting a secret vote and announcing the result.
Chapter Nine
General provisions
Article (57): A - The general elections for the Chambers of Commerce and Industry and their General Federation are held simultaneously every four years in accordance with this law.
B - It is not permissible to combine the position of the presidency of the board of directors of the Federation and the presidency of the board of directors of one of the chambers.
C - The Federation and the Chambers shall provide the necessary funds to conduct the elections process. The Minister has the right to suspend the balances of the Chambers and the Federation and may not be disposed of or exploited when setting the date of the elections. He also has the right to appoint delegates to manage the Federation and Chambers until the election cycle is held and the Board of Directors of the Federation receives its duties as well as the Chambers.
Article (58): The boards of directors of the chambers in the governorates and their general union shall facilitate the work of the electoral committees and provide all their electoral requirements.
Article (59): Any appeals against the general elections of the chambers and their general union shall be submitted to the competent court within whose jurisdiction (the chambers) fall, and the court shall decide on it within five days of submitting the appeal, and its decisions shall be final.
Article (60): Chambers of Commerce and Industry and their General Federation are exempted from taxes on their resources.
Article (61): a- The board of directors of the General Union, in consultation with the boards of directors of the chambers, issues the internal regulations of the chambers and the union, provided that they include the following:
1- The rules to be followed in the meetings of the departments and general assemblies, their terms of reference, and how decisions are taken.
2- Any other resources that the Board of Directors deems necessary to organize the work of the Federation and the Chambers in accordance with the provisions of this law.
b - The Federation’s Board of Directors, in consultation with the Chambers’ Boards of Directors, issues the bylaws of the Federation and Chambers as follows:
1- The financial regulation for the organization of accounts, the estimated budget and the final account.
2- Personnel Affairs Regulations.
3- The list of penalties.
Article 62: When the chambers are liquidated for reasons that prevent them from continuing to perform their work, the minister has the right to form a committee from the ministry and the union to verify this and invite the general assembly to meet and take legal and judicial measures in this regard.
Article (63): The Republican Decree Law No. (18) for the year 1999 AD regarding the Chambers of Commerce and Industry and their General Federation is repealed.
Article (64): This law shall be effective from the date of its issuance and shall be published in the Official Gazette.
Issued at the Presidency of the Republic - Sana'a
On: 2/ Muharram/ 1424 AH
Corresponding to: March 5, 2003 AD
Ali Abdullah Saleh
President of the Republic
