The By-Laws

The association called: Arab Marine Industries Association

Article 1:
The General Assembly:
The General Assembly is composed of all the members adhered to the association.

Article 2:
The General Assembly holds its periodical meetings every year. It could hold exceptional meetings upon convocation from the president upon the request of the Board of Administration or of 10% of the General Assembly’s members.

Article 3:
The General Assembly’s powers:
1- The election of the Board of Administration by secret vote.
2- The listening to the reports submitted by the Board of Administration and the discussion of the achievements and projects to be executed and to give recommendations in that respect.
3- The presentation of suggestions and recommendation to the Board of Administration.
4- The discussion of the Association’s budget and the settlement of the final accounts of the past year.
5- The amendment of the Articles of Association.

Article 4:
The Board of Administration:
The Board of Administration is composed of 12 members elected by the General Assembly through secret vote. In order to have a quorum in the election session of the first Board of Administration, more than half of the General Assembly members who settled their annual subscription fees three months before the election date should be present and should attend the General Assembly meeting.

Article 5:
The Elections:
1- The elections of the Board of Administration take place every two years.
2- The Board of Administration determines and declares two months before the end of its term, the day of election of the new the Board of Administration.
3- The results of the elections are announced right after the count of votes and is considered winner the candidate who shall have the majority votes.
4- If two of the winner candidates or more were equal in the number of votes, is considered winner the candidate who adhered first to the association; and if they were equal in this too, then the oldest candidate is considered winner.

Article 6:
The Board of Administration publishes in the Association’s head offices one month before the elections’ date, a primary list of voters’ names. Any objections are accepted till one week before the elections date, thereafter the list becomes definitive.

Article 7:
The candidature demand shall be submitted to the Board of Administration which will consider the required conditions and publish the names of accepted candidates in the Association’s head offices ten days before the election date. Objections are accepted if submitted a week before the Election Day, then they become definitive.

Article 8:
If three posts become vacant in the Board of administration, an election for successors shall take place only if more than six months of the term of the Board of Administration is still remaining.

Article 9:
The meetings:
The Board of Administration convenes in regular meetings once every 6 months. It could hold an exceptional meeting upon the president’s convocation to discuss and decide about the issues outlined in the convocation.

Article 10:
1- The Board of Administration meetings require a legal quorum of more than half of its members.
2- The Board of Administration meetings is introduced by reading and ratifying the last session’s minutes.
3- The Board of Administration’s decisions are taken by the approval of the majority of the present members. In case of tie vote, the president’s vote will prevail.

About the powers:

a- The President of the Board of Administration:
1- He assumes the presidency of the Association in its two aspects.
2- He presides the meetings of both the Board of Administration and the General Assembly and supervises the Committees’ activities.
3- He signs all the correspondences and money orders.
4- He is entitled to convoke the Board of Administration and the General Assembly for exceptional meeting pursuant to the law.

b- The Vice-President:
He substitutes the President in case he is absent.

c- The General Secretary:
1- He keeps and organizes the records of both Board of Administration and General Assembly’s decisions and meetings’ minutes.
2- He receives the incoming letters and shows them to the president, and then he drafts the reply and sends it.
3- He sends convocations and informs the concerned parties of the association’s decisions.
4- He substitutes the treasurer in case he is absent.

d- The Treasurer:
1- He is in charge of all the Association’s movable and real estates properties.
2- He undertakes the collection of fees from the members by virtue of counterfoil receipts.
3- He is considered a permanent member in the financial committee.
4- He takes over the cashing of all incoming funds, transfers and deeds.
5- He submits financial, real estate or banking guarantees according to the Board of Administration decision, which has to determine the guarantee’s amount.

e- The Accountant:
1- He supervises the financial control of the Association.
2- He is responsible of all the Association’s properties.
3- He is considered a permanent member in the Financial Committee.

Article 11:

The Committees:

1- According to its specialization, each Committee sets up studies, studies the submitted projects and executes the projects after their approval by the Board of Administration.
2- Each Committee has its own president and its own reporter.
3- The membership of Committees is open for all active members. A member has the right to adhere to more than one Committee.
4- The Committees’ members are chosen by secret election from the General Assembly’s members. Each Committee elects its President and its Reporter.
5- The President of the Association is entitled to call the members of all the Committees when necessary or the member of each Committee apart.
6- A Committee may form sub-committees for a determined period of time that ends once the task entrusted to those sub-committees is implemented.

Article 12:

The Association’s finances:
The annual subscription fees are US Dollars 500 per member. This annual subscription is settled in installments as per the decisions of the Board of Administration.

Article 13:
No amount of the Association’s money may be spent unless it is authorized by a decision taken by the Board of Administration.
However, the President of the Association is entitled exceptionally to instruct spending an amount not exceeding US Dollars One Thousand and Five Hundred provided that the Board of Administration approves this instruction during its first session.

Article 14:
The treasurer is not entitled to pay any amount of the association’s money except by virtue of payment orders signed by the President and the Accountant and describing the purpose and the reason of payment.

Article 15:
All that exceeds US Dollars 1500 or equivalent of the Association’s Funds must be deposit in a bank appointed by the Board of Administration.

Article 16:
The sanctions:
If one of the members commits what could cause moral or material prejudice to the association or if he overpasses his powers, he shall be referred, by a decision of the Board of Administration, to a disciplinary panel, composed from members of the Board of Administration, in order to consider and propose the accusation and the resulting sanction to the Board of Administration which will settle the case by a decision approved by two thirds of the Board of Administration’s members. The contravener member is entitled to object before the General Assembly during two weeks from the date of notification.

Article 17:
1- Is considered resigning every member who violates a condition or abstains of attending four consecutive sessions without any legal reason, or abstains of settling the due subscription fees after one-month notice.
2- If the resigning member or who is considered resigning is a member of the Board of Administration, he doesn’t loose his membership in the General Assembly.

Article 18:
The General Assembly is entitled to amend these by-laws, upon a proposal of the Board of Administration or upon a proposal of 20% of the General Assembly’s members, by a decision taken by the majority of two thirds of the General Assembly’s members.