Section 5: The National Council of Sworn Commodity Brokers

The National Council of Sworn Freight Brokers may only deliberate and vote if at least two thirds of its members are present. In the event of a tie, the Chairman has the casting vote.

The Conseil national des courtiers de marchandises assermentés (National Council of Sworn Freight Brokers) draws up its own rules of procedure governing the way in which it and its executive committee operate; they lay down the powers of the chairman, vice-chairman and executive committee. These rules will only become enforceable once they have been approved by order of the Minister of Justice.

The National Council of Sworn Freight Brokers draws up its budget. It sets the amount of the annual subscription to be paid by each sworn freight broker.

The Conseil national des courtiers de marchandises assermentés appoints each year before 31 December a statutory auditor and a deputy statutory auditor under the conditions set out in articles L. 823-3 et seq.

Where there is a dispute between sworn goods brokers, each may summon the other party to appear before the office of the National Council of Sworn Goods Brokers by simple letter, the original of which is deposited with the secretariat and a copy, stamped by the President of the National Council, sent by the secretary to the sworn goods broker summoned. The time limit for appearing is at least eight…

In the event of a conflict of interest with a party, the sworn freight broker will refrain from taking part in the deliberations.

The office of the Conseil national des courtiers de marchandises assermentés (National Council of Sworn Freight Brokers) hears complaints and claims from third parties, after having heard or duly summoned, in the form prescribed above, the sworn freight brokers concerned as well as the complainants. The latter may be heard and, in all cases, may be assisted by a sworn freight broker or a lawyer. The deliberations of the bureau…