the Coalition

“On improving transparency in extractive industries”

Regulations of the Council

May 21, 2004

1.Election of the Council, its powers and responsibilities

The Council is elected at the general meeting and is considered to be the Coalition’s governing body in the periods between general meetings.

The Council is initially comprised of seven people. This number can be increased by corresponding decisions adopted at general meetings.

The first Council is elected for a period of six months, the second Council for one year and subsequent Councils for two years.

The Council ensures the implementation of the decisions adopted by the Coalition.

Extraordinary meetings can be convened with the consent of at least two thirds of Council members.

The Council outlines the Coalition’s activities, manages all activities, holds negotiations with local and foreign organizations and authorizes the signing of different documents on behalf of the Coalition.

To organize the activity of the Council, the Council elects one of its members as Coordinator.

The Council specifies the Coordinator’s responsibilities.

On the demand of two thirds of Coalition members, the Coalition pass a vote of no-confidence in the Council coordinator. In this case, an extraordinary meeting may be convened to elect a new coordinator.

The Council has the right to veto the decisions adopted by the coordinator.

The Council determines the strategy and activity directions of the Coalition.

The Council forms the Coordinator’s executive staff.

2. Activity directions

The Coalition carries out different activities in line with its objectives;

The Council makes necessary preparations for general meetings;

The Council prepares the regulations of regular election and extraordinary election meetings and submits them at general meetings;

The Council raises the issue of personnel admission and dismissal with members of the Coalition;

The information reflecting the Council’s activities is published in the Coalition’s monthly bulletins and handed out to all Coalition members. This information is also posted on the Coalition’s web site.

3. Council meetings and decision-making

• Council meetings are convened at least once a month;

• Council decisions are adopted by at least two thirds of the votes.

4. Rights of the Coalition members:

• to attend Council meetings;

• to be elected as the Council’s coordinator;

• to use the Council’s database;

• to receive and provide information about the Council activities;

• to put forward suggestions on issues concerning the Council’s activities at Council meetings;

• to represent the Council with its prior consent.

Council members have no right to make statements on behalf of the Council. Membership of the Council can be terminated by its member at any time.

5. Responsibilities of Council members

Council members agree to abide by the Regulations of the Coalition and the present Regulations.

6. Financing the Council activities

The Council’s activities are financed from grants and at the expense of Coalition members.

7. Council coordinator:

• Current issues of the Council are managed by its Coordinator;

• The Coordinator is elected for a period established by the Council;

• The Coordinator is considered to have been elected if he gathers at least two thirds of the votes of Council members;

• The Coordinator signs agreements on behalf of the Coalition and represents the Coalition at different events with the consent of the Council;

• The Coordinator disposes of the Coalition assets, including financial resources, with the consent of the Council;

• The Coordinator issues resolutions on current issues of the Council;

• The Coordinator carries out other functions vested in his by the Council.

8. Rules of amending these regulations

Amendments to these Regulations can be introduced with the consent of at least two thirds of Council members.

9. Termination of the Council

The Council is terminated in the event of termination of the Coalition and by the decision of the Coalition.

Last correction date of the file: 24/7/2008 - 15:21:41