Part III
(Chapter 1)
Meetings and System of the Agency Board of Director
Article 21
The Agency shall be managed by a Board of Directors composed of a dedicated
chairperson and 14 members, and shall be constituted in accordance with the provisions
of Article (13) of the Law. The Board of Directors shall have a technical secretariat to be
established and operated by a decision of the Board.
Article 22
The Board of Directors shall convene upon call of the Chairperson or his deputy at least
once a month and whenever necessary. It shall also convene upon the request of two
thirds of the members. The call for meeting shall be sent in writing at least four days
before the meeting due date, with the agenda attached.
The meeting of the Board of Directors shall be valid by the attendance of nine members.
The decisions shall be taken by absolute majority of the attendees, and shall be final
without approval.
Article 23
No member of the Board of Directors may participate in the deliberations or voting in
case such member or a representative thereof has direct or indirect interest therein, has
litigation or a kinship of the fourth degree with a party thereto or represented or is
representing a party thereto. The member is obliged to state in writing any of the
abovementioned matters before starting the deliberations or voting as regards the matter
concerned, and deliver such statement to the head of the meeting, who signs a copy
indicating receipt.
Article 24
The Board may, at its discretion, hire experts for the meetings thereof. Such experts may
not have countable votes, and shall be invited by the Chairman two days at least prior to
the specified meeting by any means of notification.
Article 25
Minutes of Board meetings shall be regularly recorded in a special register with serialnumbered pages. Such minutes shall be signed by the Chairman and the Secretary.