Law
No 10/1998
regarding
Industrial Estates and Industrial Free Zones
CHAPTER THREE
Board of Directors
Article (6)
A)
The Authority shall have a Board of Directors consisting of eleven
members, as follows:
1. Minister of Industry
Chairman
2. A Representative of
each of:
a)
Ministry of Economy and Trade
Vice Chairman
b)
Ministry of Finance
Secretary
c)
Ministry of Industry
Member
d)
Ministry of Planning and International Cooperation
Member
e)
Ministry of Local Government
Member
f)
Ministry of Environmental Affairs
Member
3.
Four representatives, two (2) of them representing the developers
and two (2) representing the chambers of commerce and industry
and industrial federations.
B)
Representatives of developers, chambers of commerce and industry and
industrial federations shall be appointed by their own
organizations. The President of the Palestinian Authority, based on
the appointment made by the Council of Ministers, will announce the
names of the Board members.
Article (7)
The representatives of
developers, chambers of commerce and industry, and industrial
federations shall be on the Board of Directors for a two-year term.
Their replacements shall be nominated at the end of the term.
Members may be reelected by the organizations they represent,
providing that a board member whose membership expired retains his
board membership pending nomination of another person in his place.
Article (8)
A Board member shall
lose his board membership if he is convicted of a crime involving
moral turpitude, honest, declared bankrupt or convicted of any crime
pursuant to the company laws in force.
Article (9)
The board members and
the staff of PIEFZA while carrying out their duties shall observe
confidentiality of work progress.
Article (10)
With the purpose of
carrying out its mandate, the PIEFZA Board of Directors shall have
the following responsibilities:
1.
Endorse the PIEFZA work plan within the framework of its general
policy.
2.
Supervise industrial estates and industrial free zone lands, and
public entities there located and publish periodic reports.
3.
Promote industrial estates and industrial free zones, locally and
internationally, with the aim of attracting investment. Cooperate
with the appropriate authorities in this regard.
4.
Develop PIEFZA regulations in relation to financial, administrative
and technical matters inside industrial estates and industrial free
zones.
5.
Nominate the PIEFZA Director General.
6.
Create a general policy for personnel recruitment and establish
salary scales.
7.
Approve the employment of consultants and experts.
8.
Issue various debentures within the general conditions applicable
under the law.
9.
Take decisions pertinent to the tasks of PIEFZA.
Article (11)
a)
PIEFZA’s Director General shall be appointed by decision of the
Council of Ministers, at the proposal of the Board of Directors.
b)
The Director General shall participate in the meetings and
discussions of the Board of Directors without having the right to
vote.
c)
The Director General shall be considered the executive official of
PIEFZA and shall carry out the following duties:
1.
Implement policies as determined by the Board of Directors.
2.
Organize and supervise daily operations.
3.
Submit operation and performance reports to the Board of Director on
a regular basis.
4.
Participate in local and overseas activities related to PIEFZA work.
d)
The Board of Directors shall determine the salary and other
financial benefits of the director general.
e)
The Director General may not be a party to, or have any interest,
directly or indirectly, in any manufacturing project, licensed
project or any contract subscribed by PIEFZA.
Article (12)
The Board of Directors
may delegate some of its duties to the Director General of PIEFZA
and may seek the assistance of any other specialized committees or
experienced people.
Article (13)
The Board of Directors
shall meet at least once every month at the request of the Chairman
of the Board, or his deputy in the event of his absence. The meeting
will be considered valid if attended by a majority of two thirds of
its members, including the chairman or his deputy. Decisions
of the Board shall be taken by a majority of votes and in case of a
tie; the side of the chairman shall have the deciding vote. The
Board may convene for an emergency meeting at the invitation of the
Director General of PIEFZA, after approval from the Chairman of the
Board.
Article (14)
If any member of the
Board of Directors has, directly or indirectly, an interest in any
application submitted to PIEFZA by a qualified person or a developer
for allocation or developing of an industrial estate and/or
industrial free zone or for licensing of any project in it, he must
declare this in writing to the Board and he may not participate in
any decision or recommendation adopted by PIEFZA as far as this
application is concerned.
(Back)
(Previous) (Next)
::::::::::::::::::::::::::::::::::::::::::::::::::::::
TOP
|