In accordance with the prescriptions in Article 20 of the act, industrial board of trade stipulates the number of directors in articles, following the principle that the number of directors does not exceed half of that of member representatives.

The number of directors of industrial board of trade should be multiple of three and odd number, moreover, the number of directors should not be less than nine.

When the number of standing supervisors of industrial board of trade is more than 3, a convener of board of supervisors should be elected from among the standing supervisors.

The reappointment of directors and supervisors mentioned in Article 23 of the act means that the number of reappointed directors and supervisors should not exceed half of the total number of directors and supervisors minus one stipulated in rules of industrial board of trade, and the reappointments are to be decided by means of votes.

The serving term of directors and supervisors is calculated from the day of the first meeting of council. The meeting of council should be convened within 15 days after the closing of general meeting, no extension of date is allowed without approval from competent authorities.

Within ten days after assuming office of directors and supervisors, industrial board of trade should submit resumes of its directors, supervisors, standing directors, standing supervisors, head of directors and secretary- general, containing names, age, genders, places of work, positions, household’s addresses, corresponding addresses in two folds to competent authorities for check and reference, one copy to purpose enterprise competent authorities and another copy to upper organizing group for future reference, the competent authorities then should submit one copy to upper competent authorities for future reference.

The vacancy or absence of directors and supervisors are to be filled by backup directors and supervisors within one month. When no backup directors and supervisors are available and the number of directors and supervisors exceed two thirds of the stipulated number in articles, no by-election is necessary.

In employing and dismissing working staff, industrial board of trade should report those approved in accordance with Article 26 of the act to competent authorities for check and final approval within 10 days.
The number, positions, treatment and service rules of the above-mentioned working staff should be stipulated and approved by council of industrial board of trade and reported to competent authorities for check and final approval before implementation.

Directors and supervisors of industrial board of trade should not act as meeting staff of industrial board of trade.