ASSOCIATION STATUTE

  "SERBIAN TURKISH CHAMBER OF COMMERCE"


Based on the provisions of Articles 12 and 22 of the Law on Associations (Official Gazette of RS No. 51/2009, 99/2011), at the Assembly held on December 5, 2023. Assembly of the Serbian-Turkish Chamber of Commerce Association (hereinafter: "Association or Chamber") adopted the Statute of the Association, as follows:


GENERAL CONDITIONS

Article 1.


This Statute regulates: the name, seat and area of activity of the Association, goals and the area of achieving goals, the public, membership, rights, obligations and responsibilities of members, the amount of the membership fee, the Assembly, the Board of Directors, the General Secretary, the Supervisory Board as the bodies of this association, the work of these bodies, their powers, decision-making process, terms and methods of election and dismissal, mandate and responsibility of body members, rights to represent the Association, property, acquisition and alienation of property; official and working language of the Association: dissolution of the Association and the procedure with property in case of dissolution of the Association, as well as other issues established by law.


​NAME

Article 2.


The name of the Association in Serbian is: "Serbian Turkish Chamber of Commerce".

Abbreviated name - none.


HEAD OFFICE

Article 3.


The headquarters of the Association "Serbian-Turkish Chamber of Commerce" (hereinafter: the Chamber) is located in Belgrade, Bulevar Mihajla Pupina No. 165a, Novi Beograd.


AREA

Article 4.


The area of activity of the Chamber is the territory of the Republic of Serbia.


OBJECTIVES AND LEGAL STATUS

Article 5.


The Serbian-Turkish Chamber of Commerce is an association, as a voluntary non-governmental and non-profit organization, based on the freedom of association of several natural or legal persons, founded for the purpose of achieving and improving the common and general goals and interests of the members, which arise from the need to establish as wide and high-quality business and cultural cooperation as possible. companies, entrepreneurs, banks and other financial organizations, insurance organizations, as well as natural persons and non-profit organizations from the Republic of Serbia, the Republic of Turkey and other countries, in accordance with the policy of this Association.


The Serbian-Turkish Chamber of Commerce has the status of a legal entity and is registered in the appropriate register. The Serbian Turkish Chamber of Commerce, as an association, acquires the status of a legal entity on the day of registration in the appropriate register.


This statute represents the basic general act of the Serbian-Turkish Chamber of Commerce, and all other general acts adopted by this association must be in accordance with this statute. The provisions of other general acts of this Association, which are in conflict with the provisions of this Statute, are null and void.


The Serbian-Turkish Chamber of Commerce is established for an indefinite period.


SEAL

Article 6.


The Chamber has a seal that is round in shape and contains the full name of the Chamber in the Serbian language, as well as the designation "Belgrade, Serbia".


AREA OF GOALS AGING

Article 7.


The association was founded in order to achieve goals in the field of business and cultural cooperation of business companies, entrepreneurs and individuals, banks and other financial organizations and citizens' associations.

The association was founded to achieve the following goals: Realization and promotion of common and general interests in the field of cultural and business cooperation between Serbia and Turkey.


ACTIVITIES AND PROPERTY OF THE ASSOCIATION

Article 8.


In achieving its goals from Article 7 of this Statute, the Chamber undertakes, among other things, the following activities:


• Finds constructive solutions to trade and economic problems related to Turkish-Serbian business relations

• Promotes measures that contribute to and protect the interests of Chamber members                                                                                                                    ​ ​ ​       ​​• Organizes regular meetings of members to discuss items of specific and direct interest, or current issues

• Organizes seminars and lectures, issues publications related to the objectives of the Chamber

• Collects and delivers information on Turkish-Serbian trade, investments and economic cooperation in accordance with the law

• Helps, supports and encourages business entities that are considering the possibility of doing business in Serbia or are already doing business in Serbia, i.e. other countries from which Chamber members come

• Maintains good business relations with the Chamber of Commerce of Serbia, Serbian ministries, Chamber of Commerce of Turkey and other chambers of commerce and similar organizations in Turkey, Serbia and abroad

• Contributes to the continuous improvement of the investment climate in Serbia, i.e. other countries where the members of the Chamber come from


The activity that will be registered in the register is: 9499- Activity of other organizations based on membership.


The Chamber can obtain funds by performing consulting and management activities.


The Chamber can obtain funds from the publication of books, brochures and other publications, from membership fees, voluntary contributions, donations and gifts, financial subsidies, bequests, interest on roles, rents, dividends, from registration fees for seminars and other forms of education in the field of its activity, as well as other forms of related economic activities that the Chamber performs. Assets, as well as the profit realized by the performance of economic and other activities can be used exclusively for the achievement of the objectives of the Chamber, including the expenses of the regular work of the Chamber and its own participation in the financing of certain projects.


THE PUBLIC

Article 9.


All activities and work of the Chamber are public.

The Chamber informs the public about its activities through the means of public information, through its own publications and magazines, or in another appropriate way.


ADMISSION TO MEMBERSHIP

Article 10.


Persons who wish to become members of the Chamber must submit an application to the Board of Directors of the Chamber (hereinafter: "Board of Directors"), the Board of Directors will decide on these applications at its first subsequent meeting. The board of directors will decide on membership in accordance with the membership policy. All applicants who are admitted to the Chamber will be informed in writing about the decision of the Board of Directors.

After being admitted to membership, each member will receive a Notice with instructions for paying membership fees for the annual amount of the membership fee, which he is obliged to pay within 30 days from the date of receipt of the Notice with instructions for paying membership fees. A member will be considered admitted to the Association, the membership starts to run from the day of payment of the aforementioned Notice with instructions for payment of the membership fee.


When a member is admitted to membership, he can regularly exercise his rights at the Assembly, as long as he pays his membership fee regularly and on time.


MEMBERSHIP

Article 11.


Members of the Chamber can be: a) Serbian economic companies; b) citizens of Serbia; c) Turkish companies; d) citizens of Turkey e) non-profit organizations f) all other legal or natural persons, Serbian, Turkish or from other countries, without limitation.


CATEGORIES OF MEMBERS

Article 12.


Members of the Association fall into six different categories: corporations, business, media, natural persons, NGOs and honorary members.


Honorary members do not have the right to be elected to the Association Bodies based on their status as an Honorary Member and they do not have the right to vote at the Assembly of the Chamber. Honorary members are elected by majority vote of the Board of Directors.


RIGHTS AND DUTIES OF MEMBERS

Article 13.


All full members of the Chamber have the right to attend Chamber Assemblies and to vote at them.

Upon a written request, a member can request and receive confirmation that he is a member of the Chamber from the General Secretary.

Chamber members are entitled to all benefits arising from the Chamber's activities, as stated in Article 8 of this Statute.

Members of the Chamber are obliged to pay the membership fee in a timely manner and to comply with this Statute, acts and policies of the Chamber.

Members of the Serbian-Turkish Chamber of Commerce and the bodies of this Association are personally responsible for the obligations of this Association, if they dispose of the association's property, as if it were their property, or abuse membership in the Association for the purpose of illegal and/or fraudulent activities.

EXCLUSION FROM MEMBERSHIP

Article 14.


Membership in the Association ends in the following cases:


• in the event that a member of the Association does not pay the membership fee within the deadlines prescribed by the Statute or the decision of the Board of Directors

• in case the member grossly violates the Statute or any other act of the Chamber, i.e. causes damage to the Chamber or acts against the interests of the Chamber

• in the event that for a certain member there is a reason to consider that his membership is harmful to the Chamber when the majority of the members of the Management Board consider it so


The Board of Directors of the Chamber can exclude a member if any of the above conditions are met by the General Secretary of the Association notifying the member seven days in advance that his exclusion from membership will be considered at a meeting of the Board of Directors.

A member whose exclusion will be the subject of consideration can present arguments in writing, three days before the meeting of the Board of Directors, and/or orally, during the meeting of the Board of Directors, for retaining the status of a member of the Chamber.

In the event that a member of the Chamber whose exclusion will be considered at the meeting of the Management Board does not act as provided for in the text, the Management Board will, regardless, have the right to consider his exclusion.


A member may also be expelled from the Chamber because a bankruptcy proceeding has been initiated against him or because a judgment of a corrupt court or other body has been pronounced against him by which the court or other body, according to the official judgment, declared the member guilty of a criminal offense, economic offense, or misdemeanor.


WITHDRAWAL FROM MEMBERSHIP

Article 15.


A member may withdraw from membership by submitting a written notification to the General Secretary or the Board of Directors. The member must do so at least one calendar month before his annual membership fee is due, otherwise he will be obligated to pay the membership fee for the following year regardless of his withdrawal from membership.


MEMBERSHIP FEE

Article 16.


The amount of the membership fee and related issues are determined by the Board of Directors, which reviews them at the end of each calendar year. Members who join the Chamber during the calendar year pay the fixed part of the membership fee proportionally, as follows: If they become members of the Chamber during the first quarter of the calendar year, they pay the full amount of the fixed part of the membership fee determined for that calendar year. If they become members of the Chamber during the second quarter of the calendar year, they pay ¾ (three quarters) of the amount of the fixed part of the membership fee determined for that calendar year. If they become members of the Chamber during the third quarter of the calendar year. they pay ½ (one half) of the amount of the fixed part of the membership fee determined for that calendar year. If they become members of the Chamber during the fourth quarter of the calendar year, they pay ¼ (one quarter) of the amount of the fixed part of the membership fee determined for that calendar year.


The amount of the membership fee is due for payment, within 30 days, starting from the day of receipt of the Notice with instructions for payment of the membership fee, and the members of the Serbian Turkish Chamber of Commerce are obliged to pay it, to the account of the Serbian Turkish Chamber of Commerce, for each started current calendar year. Natural persons who are also members of the Board of Directors do not have the obligation to pay membership fees during the term of office of a member of the Board of Directors


BODIES OF THE CHAMBER

Article 17.


The bodies of the Chamber are: (1) Assembly, (2) Management Board, (3) General Secretary, (4) Supervisory Board


All decisions of the Assembly and the Management Board of the Association are made by public vote, and all other provisions of this Statute, which are in conflict with this provision. they do not apply.


ASSEMBLY

Article 18.


The Assembly is the highest body of the Chamber and consists of members of the Chamber (natural persons and one authorized representative of each legal entity).


The Assembly decides on the following:


• Amendments and additions to the Statute, as well as the adoption of the Statute, and the election and dismissal of persons authorized to represent the Serbian-Turkish Chamber of Commerce-General Secretary

• On the election, dismissal and compensation for the work of members of the Chamber's Board of Directors and the Secretary General

• The termination of the work of the Chamber

• Adoption of annual financial reports

• Joining other associations and other forms of organization, as well as membership in international organizations

• Status changes of the Chamber

• All other issues in accordance with the Law.



The Assembly receives reports from the Board of Directors, the General Secretary, as well as from working bodies (groups, commissions, committees) established by the Board of Directors.

Each member can, in writing, propose issues to be considered at the Assembly, but no later than seven working days before the date of the Assembly.


ANNUAL AND EXTRAORDINARY SESSIONS

Article 19.


The Assembly holds an annual session once during the calendar year. The annual session of the Assembly is convened by the Management Board, and the members receive an official invitation in accordance with the provisions of this Statute.


The invitation to the meeting is published no later than seven days before the annual meeting. The Chairman of the Board of Directors and/or the General Secretary send each member an invitation for that meeting, together with the agenda. Unless otherwise provided by this Statute, the issues discussed at the annual meeting do not have to be limited to the items included in the agenda of that meeting.


Extraordinary sessions of the Assembly of the Chamber are convened by the Management Board, but may be convened independently by the President of the Management Board or the General Secretary.


A quorum is 25 percent of the members of the Chamber present at an annual or special meeting. Voting rights at annual and extraordinary meetings:

• Each member has the right to one vote at annual and extraordinary meetings.

• Only full members of the Chamber have the right to vote.

• Unless otherwise provided by this Statute, the business of the Chamber is decided by a majority and public vote of the members present who have the right to vote. The chairman of the assembly sessions (annual and extraordinary) is the President of the Board of Directors of the chamber or someone up to the members of the Board of Directors whom he authorizes to lead the session, in case of his inability. The Chairman of the Assembly has the deciding vote in case of an equal number of conflicting votes, unless otherwise provided by this Statute.



BOARD OF DIRECTORS

Article 20.


The management board consists of 3 members. Only members of the Chamber (natural persons, proxies or legal representatives of legal entities) can be elected to the Board of Directors.


Article 21.


The Management Board is elected by the Assembly.

The Management Board elects the President of the Management Board and two Vice-Presidents of the Management Board from among its members at the first constitutive session of the Management Board.


The Vice Presidents of the Board of Directors replace the President of the Board of Directors when the President of the Board of Directors is prevented from attending meetings.

DURATION OF THE MANDATE OF THE MEMBERS OF THE BOARD OF DIRECTORS

Article 22.


The term of office of all members of the Board of Directors is four years. One and the same member can be a member of the Board of Directors for a maximum of two consecutive mandates.


ELECTION OF MEMBERS TO THE BOARD OF DIRECTORS

Article 23.


The members of the Management Board are elected by the majority of votes present at the Assembly, by public vote, unless otherwise provided by this Statute.


DUTIES OF THE BOARD OF DIRECTORS

Article 24.


The Board of Directors is responsible for all activities of the Chamber as provided for in this Statute, except in the case when these activities are under the competence of another body. At least once a year, and mandatory in the case of an annual session, the Board submits a report on the activities of the Chamber to the Assembly. In particular, the Board of Directors has the authority to:


• future operations of the Chamber

• hires the staff necessary for the proper management of the Chamber's business

• decides on applications for membership in the Chamber

• determines the amount of employees' salaries

• decide on the use of the Chamber's funds, which can be used both to cover the Chamber's expenses and for humanitarian purposes, travel, sports or any other purpose voted for by the majority of the members present.

• decides on the initiation of the procedure for compensation of damages in cases referred to in Article 25, paragraph 2 of the Law on Associations and, if necessary, designates an authorized person or representative of the association for that procedure

• decides on other issues that are not within the competence of other bodies

• decides on changing the seat of the Chamber


The Board of Directors has the authority to approve the guidelines and policy of the Chamber as well as to approve amendments to the Statute before they are presented at the Assembly session where they are decided upon.


MEETINGS OF THE BOARD OF DIRECTORS

Article 25.


The management board will have regular meetings once every three months. Meetings are convened by the President of the Board of Directors by means of a written notice at least 48 hours before the meeting.


Decisions of the Management Board are legally binding only if at least 2 members of the Management Board are present at the session (quorum). The decision of the Board of Directors is considered to have been made if 2 members of the Board of Directors voted for it.

The Board of Directors decides by the majority of votes of the members present.

Members of the Board of Directors who are unable to attend a meeting of the Board of Directors that has been properly scheduled shall state the reason for their absence in a letter addressed to the General Secretary and delivered before the meeting of the Board of Directors.


When it is expedient, when it is dictated by reasons of urgency, preventing the occurrence of damage, or the consequences of damage occurring, the President of the Board of Directors of this Association is authorized to hold the meeting of the Board of Directors without the obligation to apply other provisions of this article on the obligation to convene the meeting, in the manner he deems that it is most expedient, so that discussions and voting are carried out using a conference telephone connection or using other audio and visual communication equipment, so that all persons participating in the session can listen and talk to each other. Persons who participate in the session of the Board of Directors in the manner described in this point are considered to be present at the session, regardless of the fact that all members of that body are not in the same place at the time of such a session. The President of the Board of Directors is obliged to draw up minutes in the case of holding such a meeting, in which, in addition to the other prescribed content elements of that document, he will state the manner and reasons for holding such meetings, and such minutes, first of all, he will sign himself, and then, subsequently, submit for signature to all other members of the Management Board, with whom he made a specific decision, no later than at the first and next session of that body. The decisions of the Board of Directors, made in the manner prescribed by the provisions of this point, must be confirmed, that is, verified by the Board of Directors, at the first following session.


Meetings of the Board of Directors of the Serbian-Turkish Chamber of Commerce can be held without conducting the procedure according to the provisions of this article (that is, without prior convening), if all members of the Board of Directors attend them and if none of the members object to the procedure for convening and holding the meeting, i.e. if a member who does not attend the meeting, declares in writing that he does not object to the procedure for convening and holding the meeting.


RECALL AND RESIGNATIONS OF MEMBERS OF THE ADMINISTRATIVE OFFICE

Article 26.


Each member of the Board of Directors can be recalled at any time by a public vote of two-thirds of the members of the Assembly present who have the right to vote at the sessions of the Assembly, at the annual or extraordinary session of the Assembly in cases in which the member of the Board of Directors abuses his powers or does not perform his function appropriately. the way. Each member of the Management Board can submit his resignation at any time, which he is obliged to send to the Management Board or the General Secretary in writing.


VACANCIES IN THE BOARD OF DIRECTORS

Article 27


The vacant position of a member of the Board of Directors is filled by voting at the first regular/extraordinary session of the Assembly of the Chamber.

WORKING BODIES OF THE ADMINISTRATIVE BOARD

Article 28


The Management Board can establish working bodies (such as committees, commissions, groups, expert councils) that are necessary for the functioning of the Chamber, determine their form and powers, as well as elect their chairpersons. The position of chairman of the working body remains for one year, unless the Management Board decides otherwise. After that, the working body is responsible for electing its chairman, and the Board of Directors approves that election.


Persons who are not members of the Chamber may be invited to participate in the activities of the working bodies, but they will have the status of associate members of the working body and will not have voting rights, nor the right to preside over that working body.


REPRESENTATIVE

Article 29.


The Chamber will have a General Secretary, who is a legal representative, whose name is entered in the register of the Agency for Business Registers as a representative of the Association. The mandate of the General Secretary lasts 4 years, with the right to re-election. The General Secretary manages and organizes the daily activities and work of the Association, submits a quarterly report to the Board of Directors on all activities. The General Secretary represents and represents the Association in accordance with Article 30 and Article 31 of this Statute.


SUPERVISOR COMMITTEE

Article 30.


The supervisory board consists of two members. The duties of the members of the Supervisory Board are: supervision and consideration of the legality of the work and operations of the Chamber. Once a year, the Supervisory Board submits its report to the Assembly of the Chamber with its opinion and proposals if it notices any irregularities.



RESPONSIBILITY OF BODY MEMBERS

Article 31.


Members of the bodies of the Serbian Turkish Chamber of Commerce are jointly and severally liable for the damage they cause to this Association by their decision, if that decision was made through gross negligence or with the intention of causing damage, unless they recorded their opinion in the minutes during the decision-making process. The procedure for compensation is initiated based on the decision of the Board of Directors of the Serbian-Turkish Chamber of Commerce. The provisions of this article are accordingly applied to the actions of the General Secretary of this Association.

REPRESENTATION AND REPRESENTATION OF THE CHAMBER

Article 32.


The General Secretary has the right to represent and represent the Chamber independently and independently.


FINANCIAL STRUCTURE AND ASSETS

Article 33.


The Serbian Turkish Chamber of Commerce acquires property from membership fees, organizing seminars and lectures, performing management and consulting activities, publishing activities, in accordance with Article 8 of this Statute and in other ways permitted by law. The property of the Serbian-Turkish Chamber of Commerce can only be used to achieve its statutory goals.



FINANCIAL REPORTS

Article 34.


The person authorized to compile financial reports (bookkeeper, accounting agency) is appointed by the Management Board. The General Secretary of the Chamber is responsible for the accuracy of the financial reports. The financial report of the chamber is reviewed by the Supervisory Board and submitted with its opinion and proposal to the members of the chamber for approval at the annual session of the Assembly.


TERMINATION

  Article 35.


The Chamber ceases its work by the decision of the Assembly, when the conditions for the achievement of the objectives cease, as well as in other cases provided by the Law.


The Assembly of the Chamber makes a decision on the termination of the Association, if two-thirds of the members present with the right to vote vote for it, at the Assembly where the termination is decided.


In the event of the closure of the Chamber, the remaining funds will be distributed in accordance with the decision of the Assembly, to domestic non-profit legal entities that were established to achieve the same or similar goals.


Article 36.


The Serbian-Turkish Chamber of Commerce can perform status changes of mergers, mergers and division of the chamber, based on the decision of the Board of Directors of this Association, in accordance with the provisions of the Law on Associations.

FINAL REGULATIONS

Article 37.


The official language of the Chamber is Serbian. The working languages of the Chamber are Turkish and English. This Statute enters into force on the day of its adoption at the session of the Assembly of the Chamber.


This Statute can be amended and supplemented by the Assembly in the procedure by which it was adopted.


The provisions of the Law on Associations will be directly applied to all matters not regulated by this Statute.



In Belgrade,

On 05.12.2023. years



                                                                     PRESIDENT OF THE ASSEMBLY


                                                                          ________________________

                                                                                   Bojan Borovčanin