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LAW OF THE REPUBLIC OF BELARUS

of June 16, 2003 No. 208-Z

About Chamber of Commerce and Industry

(as amended on 04-06-2015)

It is accepted by the House of Representatives on May 23, 2003

Approved by Council of the Republic on May 29, 2003

This Law determines bases of legal status of Chamber of Commerce and Industry, and also procedure for creation and activities of Chambers of Commerce and Industry, features of relations of Chambers of Commerce and Industry, including the Belarusian Chamber of Commerce and Industry, and the state.

Chapter 1. General provisions

Article 1. Legal status of Chamber of Commerce and Industry

Chamber of Commerce and Industry the voluntary consolidation of legal entities and individual entrepreneurs which is non-state non-profit organization, created for the purpose of assistance to development of business activity in the Republic of Belarus, integration of its economy in world economic system, creating favorable conditions for consolidation of foreign economic relations of subjects of business activity with foreign partners is recognized.

The Chamber of Commerce and Industry has the right:

act as the founder (participant) of legal entities or the owner of property according to the procedure, determined by the legislation;

create representations and branches;

perform other powers according to the legislation.

Article 2. Principles of activities of Chamber of Commerce and Industry

Activities of Chamber of Commerce and Industry are based on the following principles:

legality;

voluntary consolidation of members of Chamber of Commerce and Industry;

equality of members of Chamber of Commerce and Industry;

non-interference of Chamber of Commerce and Industry to activities of her members;

independence;

publicity.

Article 3. Main objectives of Chamber of Commerce and Industry

The main objectives of Chamber of Commerce and Industry are:

assistance to development of communications of subjects of business activity with foreign investors, to increase in export of the Belarusian goods (works, services);

rendering the practical help to subjects of business activity in development of production of competitive products, carrying out trading activities in the foreign markets;

representation and protection of interests of members of Chamber of Commerce and Industry when implementing foreign economic activity both in the Republic of Belarus, and in foreign states;

development and strengthening of ties with Chambers of Commerce and Industry, associations, the unions of entrepreneurs and other non-governmental organizations of foreign states;

distribution of information on the export, industrial and scientific and technical potential of the Republic of Belarus, about the national legal system in the field of foreign economic activity, about customs and rules of international trade;

implementation of advisory information activities on research and development of the foreign markets, search of foreign partners in the external economic cooperation, assistance in establishment of contacts with subjects of business activity of the Republic of Belarus;

enhancement of training system and training of specialists in questions of foreign economic activity;

organization of the international and national exhibitions and fairs;

accomplishment of the separate functions assigned to Chamber of Commerce and Industry by the legislation.

Chapter 2. Creation of Chamber of Commerce and Industry, governing bodies and membership in Chamber of Commerce and Industry

Article 4. Creation of Chamber of Commerce and Industry

The Chamber of Commerce and Industry is created on the basis of voluntary consolidation of her founders at the initiative of at least 15 founders in the presence of the consent of the President of the Republic of Belarus.

The Chamber of Commerce and Industry is subject to state registration according to the procedure, determined by legal acts.

The name of Chamber of Commerce and Industry shall contain words "Chamber of Commerce and Industry".

Article 5. Charter of Chamber of Commerce and Industry

The constituent document of Chamber of Commerce and Industry is its charter. The charter of Chamber of Commerce and Industry affirms founders at constituent congress of Chamber of Commerce and Industry.

The charter of Chamber of Commerce and Industry, except the data determined by Item 2 of Article 48 of the Civil code of the Republic of Belarus shall contain:

tasks of Chamber of Commerce and Industry;

conditions, procedure for acquisition and loss of membership in Chamber of Commerce and Industry;

rights and obligations of members of Chamber of Commerce and Industry;

procedure for forming and power of bodies of Chamber of Commerce and Industry;

sources and procedure for forming of property of Chamber of Commerce and Industry;

procedure for modification and amendments in the charter of Chamber of Commerce and Industry;

procedure for reorganization and liquidation of Chamber of Commerce and Industry.

Article 6. Governing bodies of Chamber of Commerce and Industry

The supreme body of management of Chamber of Commerce and Industry is the congress of Chamber of Commerce and Industry which is convened at least once in three years.

The congress of Chamber of Commerce and Industry elects the permanent executive body of Chamber of Commerce and Industry performing management of its activities during the period between congresses.

Article 7. Membership in Chamber of Commerce and Industry

Any legal entities and individual entrepreneurs who recognize can be members of Chamber of Commerce and Industry and carry out provisions of the charter of Chamber of Commerce and Industry, pay the membership fees and which activities answer the purposes and tasks of Chamber of Commerce and Industry.

Acceptance in structure of Chamber of Commerce and Industry, and also exception of its list of members of Chamber of Commerce and Industry are performed according to the charter of Chamber of Commerce and Industry. Members of Chamber of Commerce and Industry can leave its structure at any time.

Members of Chamber of Commerce and Industry have the equal rights and perform the equal duties connected with membership in Chamber of Commerce and Industry.

Refusal of Chamber of Commerce and Industry in acceptance of the legal entity or individual entrepreneur in structure of Chamber of Commerce and Industry, and also the decision on exception of its list of members of Chamber of Commerce and Industry can be appealed by this legal entity or the individual entrepreneur in court within six months from the date of receipt of refusal or decision making.

Chapter 3. Property, responsibility and procedure for reorganization and liquidation of Chamber of Commerce and Industry

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