Article 17: The Board of Directors of the Iran Chamber consists of 7 members and the board of directors of each provincial Chamber has 5 members who will be elected for 4 years at the first meeting of the Board of Representatives.
Article 18: For managing the executive affairs of the Chamber on the basis of the related laws and regulations and by-laws, the President of the Chamber proposes to the board of Directors a person as Secretary General who, upon the Board's approval and under the supervision of the president, will perform his duties.
Article 19: The duties and powers of the Iran Chamber Board of Directors shall be as follows: A. Enforcement of the resolutions of the Supreme Supervisory Council and the Board of Representatives. Previewing and confirming the suggestions and reports of the Chamber's Commissions and presenting them to the Board of Representatives and the Supreme Supervisory Council. C. Appointing the representatives of the Chamber for participating in domestic & international gatherings and determination of the scope of their duties, activities and approval of the related expenses. D. Examining, approving and appropriating the annual budget prepared by the Secretary General, and recommending it to the Board of Representatives for approval.
Article 20: The duties and powers of the Board of Directors of the provincial Chambers shall be as follows: A. Reviewing and confirming the suggestions and reports of the Commissions and presenting the same to the board of representatives. B.Appointment of the representatives of the provincial Chambers for participating in domestic official gatherings. C. Reviewing the annual budget and the budget appropriation report and presenting it to the Board of Representatives for approval.
Article 21: Revenue of the Iran Chamber shall be provided from the following sources: A. Annual membership fees based on the by-law which, upon the recommendation of the Board of Directors, shall be approved by the Board of Representatives. B. Implementation for the law on the manner of meeting the expenses of the IR of ICCIM approved on 2 November 1993.
Article 22: The Chamber revenues shall be expended in accordance with the Board of Representatives will approve upon the recommendation of the Board of Directors. Articles 23: In all the laws and regulations wherein Tehran Chamber is mentioned, the Iran Chamber will replace them.
Article 24: The enforceable by-laws of this law at the national scale as well as the general rules and regulations governing the duties and powers of the provincial Chambers or the Board of Representatives of the Iran Chamber and the Decisions which are thus approved, shall all be imperative on the Board of Directors and other Bodies.
Article 25: All the assets, moveable and immovable properties, liabilities and debts of the ICCIM shall be transferred to the Iran Chamber.
Article 26: As from the date of approval of this law, all contradictory laws shall be cancelled and the new elections of the Chambers will be carried out on the basis of this Law.
Board Members of Iran Chamber of Commerce, Industries & Mines