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ARTICLES OF ASSOCIATION-SECTION VII - SUPERVISORY BODIES

S E C T I O N   VII
SUPERVISORY BODIES


SUPERVISORY COUNCIL
Art. 28. (1) The Supervisory Council shall consist of three members. Persons who are non-members of the General meeting may be elected as members of the Supervisory Council as well.
  (2) The Supervisory Council shall:
 
  1. control the financial and accounting activities and the funds’ expenditure in compliance with the approved budget;
  2. present its position before the General meeting and the Board of Directors with reference to the reports submitted to them;
  3. report on its activity before the Board of Directors and the General meeting;
  4. present its view-point regarding any appeals of members of the Chamber against various decisions of the managing bodies;
  5. select a President among its members who shall have the right to attend the meetings of the Board of Directors, the Executive Council and the Council of Presidents