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CHARTER OF THE EURASIAN ECONOMIC CENTRE FOR LEGAL ANALYSIS, INFORMATION AND INVESTMENT SUPPORT PDF Print E-mail

Approved by the General Assembly on 14th December 2007.
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Article 1.

The Eurasian Economic Centre for Legal Analysis, Information and Investment Support (hereafter “The Centre”) is a non-profit association governed by the present Charter and, in addition, by the articles 60 and the ones following of the Swiss Civil Code. The Centre is an apolitical and religiously neutral organisation, and shall be free from any discrimination.

Article 2.

2.1. The Centre is based in Geneva.

2.2. The duration of The Centre is perpetual.

Article 3.

3. The purpose of The Centre is:

3.1 To study the investor market to understand the needs of investors of the Member States of the Eurasian Economic Community (hereafter “The Member States”, “The Community”). These investors will include natural and legal persons and international private and public organisations. The intent is to encourage their participation using new legislation and procedures or by modifying existing acts. Legal projects will be developed in order to answer their needs.

3.2 To provide potential investors with high-quality and up-to-date information about The Community’s new projects and proposals.

3.3 To study foreign and domestic investors’ complaints regarding legislation and law enforcement practices of The Member States and to elaborate and expand on experts’ reports to demonstrate their legitimacy.

3.4 To compare the legislations of The Member States particularly with respect to whether they conform to international rules and norms. To propose optimal legal regulations.

3.5 To create the regulatory texts to be used in The Community (international conventions, fundamental legislation texts, model projects, recommendations).

3.6 To assist The Member States’ national parliaments, deputies and representatives of ministries and departments in realising new legislative initiatives and preparing legislative acts.

3.7 To analyse and evaluate: legal conditions for investment in specific branches of economy; the evolution of the legislations of The Member States; and, the contractual and judicial bases of The Community.

3.8 To organise international examinations and to provide experts’ reports about standard and legal acts developed within the framework of Eurasian Economic Community.

3.9 To provide judicial support to foreign and domestic investors.

3.10 To provide information about the legislations of the Member States.

3.11 To analyse cases of abuse in matters of legal provisions and of violations of the principles of market economy and to suggest ways to avoid them.
3.12 To conduct surveys on issues that may be of interest for potential investors.

3.13 To prepare experts’ reports on possible improvements to the legislations of the Member States.

3.14 To support, through fair advocacy practices, the interests of foreign and domestic investors in legislative and executive bodies.

3.15 To propose new legislation and other standard acts and to provide judicial support to legislative and executive bodies of the Member States in their enforcement.

3.16 To provide legal support to investors in the territory of The Member States, including registration, establishment of contracts and defence of investors’ interests in court.

3.17 To organise international conferences with participation of international experts, entrepreneurs and juridical companies to study possible improvements of the legislations of The Member States and modifications of their legislative and executive systems.

3.18 To allow exchange of juridical information between The Member States. To provide legal information to interested organisations and natural persons.

3.19 The members of The Centre shall not be compelled to modify the purpose of The Centre as established in the present Charter.

Article 4.

4.1 The Centre is financed by Active Members’ subscriptions, by means of donors and sponsors, and by the payment for the charged services (consulting, selling of publications, etc.)

4.2 The funds are used in accordance with the purpose of The Centre.

Article 5.

5.1 All natural or legal persons, without regard to their sex, being in full possession of their civil rights, may be admitted as members of The Centre, under the condition that their applications are accepted by the General Assembly. The candidates shall address a written application to the General Assembly, who has the right to refuse it without any explanation.

5.2 Membership is lost:

a) by death
b) by written resignation, addressed to The Centre at least six months before the effective end of the membership,
c) by exclusion
d) in case of non-payment of the subscription

5.3 The Centre distinguishes between the following types of membership: active and honorary. Only Active Members have the full rights and the obligations of the membership.

5.4 The Founder Members are life member. The Founder Members are:

Imre Jenö SKULTETY
Anatoli MARYSHEV
Piotr ZVEREV

5.5 Active Members are involved in the activities of The Centre. They have the right to vote during the sessions of the General Assembly.

5.6 Honorary members are persons who greatly contributed by their work to the development of commercial and cultural relations between The Member States. Honorary members shall be elected by the General Assembly.

5.7 Members who wish to resign their membership shall address a written resignation at least six months prior the end of the fiscal year.

5.8 Active Members shall pay an annual subscription of 5’000 CHF. The Active Members who are elected to the Committee are exonerated of subscription for the time they are holding their position.

5.9 Natural and legal persons may patronise or sponsor The Centre. They shall address a written request to the General Assembly.

5.10 Patrons are natural or legal persons who wish to promote cooperation between The Member States by supporting the Centre. The conditions of the support are specified by the patron.

5.11 Sponsors are organisations and associations which cooperate with The Centre and support its activities through their cooperation.

Article 6.

The Centre is organised in three committees:

a/ The General Assembly
b/ The Committee
c/ The Auditing Committee

Article 7.

7.1 The General Assembly is the main body of The Centre. It is composed of all the Active Members of The Centre.

7.2 The General Assembly holds one regular session every year. Special sessions may be held in case of necessity or at the request of members.

7.3 The General Assembly is competent if at least 50% of members take part in it.

7.4 A notification mentioning the agenda is to be addressed to all members at least 10 days before the session of the General Assembly.

7.5 Convocation of the General Assembly may be required within 30 days if requested by at least 20% of the Active Members.

7.6 The General Assembly alone shall have the power to modify the present Charter.

Article 8.

The General Assembly:

1.pronounces on the admittance or the exclusion of members;
2.passes the annual budget;
3.elects members of the Committee: the President, the Vice-Presidents, the Treasurer and the Secretaries;
4.examines the reports and reviews the accounts of the fiscal year and makes appropriate decisions;
5.supervises the activities of the other bodies. The General Assembly shall have the power to dismiss these organs for cause;
6.nominates the Auditor;
7.decides of the amount of the annual subscription.

Article 9.

9.1 Decisions of the General Assembly shall be made by simple majority of the members present and voting. In the event of an equality of votes, the vote of the President is decisive.

9.2 Decisions concerning modifications of the present Charter or the dissolution of the Centre shall be made by simple majority of the members present and voting.

Article 10.

10.1 The Committee is composed by Active Members elected by the General Assembly.

10.2 The mandate duration of the Committee is 1 (one) year.

Article 11.

11.1 The Committee is authorised to undertake any action conform to the purpose of The Centre. The Committee has authority for dealings, at the exception of expenses and investments, which must conform to the annual budget as passed by the General Assembly.

Article 12.

The Auditing Committee of The Centre shall be an external fiduciary.

Article 13.

The Centre is officially represented by the signature of the President or by the collective signature of three Committee Members.

Article 14.

14.1 The fiscal year starts on the 1st of January and ends on the 31st of December of each year.

14.2 The first fiscal year starts on the day of constitution of The Centre and ends on the 31st of December of the same year.

14.3 The accounts are reviewed every year by an Auditor nominated by the General Assembly.

Article 15.

In the event of the dissolution of The Centre, the assets shall be transferred to an institution with the same purpose as The Centre.

Article 16.

The official languages of The Centre are French, English and Russian. In the event of inconsistencies between French, English and Russian texts, the French text prevails.

 
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