4/3/2. Nomination and Exemption
| No: 381000003528 | Date(g): 10/10/2016 | Date(h): 9/1/1438 |
Translated Document
Effective from 2016-10-10 - Oct 09 2016
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1. The Chairperson and Vice-Chairperson of the subcommittee are elected by a majority vote of the Executive Committee members every two years.
2. The Chairperson of the subcommittee appoints a Secretary and a Deputy Secretary every two years.
3. The Executive Committee has the right to exempt any member of the subcommittee with the approval of the Central Bank, based on a decision made by a majority vote.
4. Any member of the subcommittee is exempted if they leave, are exempted from, or resign from the company they represent.