Council of Ministers decision

No. (722) of 2013 amending the regulation

Executive of the Twelfth Book of the Law

No. (23) of the year 2010 AD regarding chambers of commerce

Industry, Agriculture, General Federation of Chambers

Council of Ministers

After reviewing the constitutional declaration and its amendments.

Law No. (9) of 2010 AD regarding the promotion of investment and its executive regulations.

Law No. (12) of 2010 AD regarding the issuance of the Labor Relations Law and its executive regulations.

And Law No. 23 of 2010 regarding commercial activity.

And General National Congress Resolution No. (10) of 2012 AD regarding granting confidence to the Interim Government.

And Cabinet Resolution No. (333) for the year 2012 AD to issue the executive regulations for the twelfth book of Law No. 23 for the year 2010 AD regarding the Chambers of Commerce, Industry and Agriculture, the General Federation of Chambers, and the Libyan Business Owners Council.

And what was presented by the Minister of Economy in writing No. (6236) dated 3/10/2013 AD;

And the letter of the Secretary of Cabinet Affairs No. (196) dated 20/11/2013 AD.

And what was decided by the Council of Ministers at its thirty-sixth ordinary meeting for the year 2013 AD.

Decided

Article (1)

The texts of Articles (20, 27 and 29) of the Executive Regulations, Book Twelfth of Law No. 23 of 2010 AD regarding the Chambers of Commerce, Industry and Agriculture, the General Federation of Chambers, and the Libyan Business Owners Council, are amended so that their texts are as follows:

Article (2):

Composition of the Chamber’s General Assembly:

                 The Chamber’s general assembly is composed of all members of its constituent division’s committees approved by a decision of the competent minister. A decision is issued by the competent minister to name the secretary of the general assembly from among those registered in the chamber, provided that he has completed a full year of registration in the chamber, and who regularly renews registration, and the term of membership is The Chamber’s general assembly is held for three years, subject to extension, not exceeding the original period, by a decision of the competent minister.

Article (3):

Composition of the Chamber’s Management Committee:

                    The Chamber’s Management Committee shall consist of no more than twelve members, including the Secretary of the Management Committee. The Chamber’s general assembly selects two-thirds of the members of the Management Committee from among its members. The remaining third and the Secretary of the Management Committee are named by a decision of the competent minister, provided that they are among the members. Those registered with the Chamber, and the term of membership in the Management Committee shall be three years, starting from the date of its approval by the competent minister.

If the position of a member of the Management Committee becomes vacant for any reason, a replacement will be selected by the mechanism by which he was chosen. The Management Committee, in its first meeting, will select a Deputy Secretary of the Management Committee from among its members to undertake the following tasks:

Replaces the Secretary of the Management Committee in his absence.

The duties were assigned to him by the Secretary of the Management Committee.

 Article (4):

Termination of Membership in the Management Committee: Membership in the Management Committee terminates if one of the following cases is present:

Death.

Resignation.

Absence from attending the management committee sessions three times in a row without an excuse accepted by the management committee.

If he loses one of the conditions of membership.

If something violates the rules of ethics and good treatment of his colleagues or others.

The competent minister may, if the committee violates the provisions of the law or the requirements of the public interest, or its term has expired, issue a decision appointing a temporary management committee to replace the management committee, with the same powers, until the general assembly is invited to choose two-thirds of the management committee, and a decision is issued approving its nomination.

Article (5)

This decision shall be effective from the date of its issuance, and every ruling that contradicts it shall be rescinded, and the competent authorities shall implement it, and it shall be published in the Official Gazette.

Council of Ministers

Issued on

 22 / Muharram / 1435 AH.

 November 26, 2013 AD.