Legal Guide To Iranian Market Booklets By J.Nouraei

 

Excerpts:

 

THE LAW OF IRAN CHAMBER OF COMMERCE, INDUSTRIES, MINES AND AGRICULTURE (ICCIMA)

Approved on March 6.1991, with subsequent Amendments

Article 1: To Facilitate the laying the grounds for the growth and expansion of the country's economy, exchange of ideas and expression of opinions by industrial, mineral, agricultural and commercial managers, the Islamic Republic of Iran Chamber of Commerce, Industries, Mines and Agriculture is hereby established by virtue of the functions and powers set out in this Law.

Article 2: The Islamic Republic of Iran Chamber of Commerce, Industries, Mines and Agriculture is a non-profit making entity with juridical personality and financial independence.

Article 3: The Center of the Islamic Republic of Iran Chamber of Commerce, Industries, Mines and Agriculture which is hereafter called Iran Chamber in this law, shall be situated in the city of Tehran.

Article 4: The scope of activity of a Provincial Chamber is limited to the boundaries as laid down in the Law of the National Geographic Division, and each provincial Chamber enjoys juridical personality and shall be independent in its financial and administrative affairs in accordance with the respective regulations.

Note 1. At least fifty members are needed for establishment of a provincial Chamber.

Note 2. Tehran, like other provinces, shall have an independent Chamber and its scope of activity and range of functions will be similar to those of the other Chambers.

Note 3. The manner and amount of the Iran Chamber's financial contribution to the provincial Chambers shall be subject to the approval of the Iran Chamber Board of Directors.

 

 

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