The General Body is the supreme authority of
the corporation and shall undertake the functions stipulated in Article 3 of
this agreement and any other function necessary for the attainment of the
objects of the corporation. The General Body shall undertake the following in
particular:
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1.
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Laying down
the general policy of the corporation and the drawing up of plans which help
to achieve the aims and activities of the corporation as stipulated in this
agreement and to pass resolutions and recommendations to the Board of
Directors in this respect.
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2.
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Sanctioning
the necessary projects to expand and develop the space sector and its
requirements.
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3.
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Setting the
regulations pertaining to the determination of charges for using the space
sector for all types of services on the recommendations of the Board of
Directors.
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4.
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Setting up
the standards and general rules which must be maintained in the ground
stations so as to make them suitable to communicate with the space sector as
recommended by the Board of Directors.
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5.
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Studying the
reports of the Board of Directors on the various activities of the
corporation and proposing relevant recommendations.
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6.
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Organizing
the relations of the corporation with international organizations and setting
up the necessary principles for this purpose in accordance with general
international regulations.
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7.
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Settlement
of disputes which may arise between the corporation and a member or more in
accordance with Article 19 of this agreement.
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8.
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Considering
complaints and disagreements arising from the use of the Arab Space network
which are submitted to it by the members directly or through the Board of
Directors.
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9.
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Adopting
resolutions concerning the withdrawal of a member.
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10.
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Setting up
regulations with respect to financial settlements in the event of a new
member joining or the withdrawal of a member or the re-allocation of
shareholding proportions.
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11.
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Suspension
of membership rights of a member who fails to settle his financial
obligations after a year of their falling due until these obligations are
met.
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12.
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Ratifying
the General Budget and Balance Sheet of the Corporation.
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13.
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Approval of
the recommendation of the Board of Directors concerning the appointment of
the General Manager.
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14.
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Studying the
reports submitted by the Board of Directors concerning future plans and the
amounts allocated to them and adopting resolutions regarding them.
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15.
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Adopting
resolutions concerning investment shares on the recommendation of the Board
of Directors.
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16.
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Adopting
necessary resolution concerning representation in the Board of Directors
under Article 12 of this agreement.
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17.
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Election of
members of the Board of Directors as stipulated in clause 'B' of Article 12
of this agreement.
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18.
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Appointment
of auditors annually on the recommendation of the Board of Directors.
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19.
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Approval
regarding increase of the capital of the corporation on the recommendation of
the Board of Directors.
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20.
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Studying and
approving proposals for the amendment of corporation's agreement.
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21.
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Authorizing
the Board of Directors to undertake some of its functions.
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22.
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Sanctioning
the timetable suggested by the Board of Directors concerning the settlement
of members' subscriptions under Article 7 of this agreement.
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23.
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Sanctioning
of financial and administrative regulations as suggested by the Board of
Directors.
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24.
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Drawing up
the code of conduct of the General Body.
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