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Chapter Ⅱ Commercial trade councils
Section One: Establishment
Article 5
According to Article 10 of the act, corporations and firms of the same trade are the initiators of commercial groups, they submit requisition along with scroll of initiators, copies of registered business licenses to competent authorities for approval; then initiators convene preparatory meetings, establishing preparatory committee, the division of the same trade is as per the division criteria of particular commercial groups.
Article 6
The tasks of preparatory committee are as follows:
1. Investigate the detailed situations of corporations and firms within its governing district.
2. Enact enrollment procedures for members and publicly absorb members.
3. Draw out the draft of articles of commercial trade council.
4. Censor the qualification of members and member representatives and compile scroll.
5. Draw out annual work plan and annual budget book.
6. Draw out overtures.
7. Raise and prepay money for establishing commercial trade council, and report the expenses in inaugural meeting for retroactive admission.
8. Decide the date and locale of inaugural meeting.
9. Select or appoint the chairman or members of the presidium of inaugural meeting.
The execution of the tasks mentioned from subparagraph 3 to subparagraph 6 of pre-paragraph should be submitted to competent authorities for review before the inaugural meeting.
The preparatory committee should finish all the preparatory work within 3 months since the day of its existence, and one more month may be allowed with application to and approval from competent authorities under special circumstances.
Article 7
Within 15 days after establishment, commercial trade council should submit its articles along with the scroll of its members and member representatives, resumes of its staff to competent authorities for review, and the competent authorities should inform purpose enterprise competent authorities.
The competent authorities should issue registration certificate and seal to the commercial trade council whose submitted information complies with the abovementioned regulation.