Statutes

Statutes

According to the SFEE statutes, the Association is a professional non profit Association.

OBJECTIVE

The Objective of the Association is to protect and defend the professional and general interests of its members using all the appropriate and legal necessary means.

MEMBERS

The Association members are distinguished in ordinary and honorary.

Ordinary members
Ordinary members are legal entities involved in the manufacturing, trade, and promotion of medicinal products, provided that during the fiscal year, preceding the year of their registration, they had a medicinal products turnover exceeding the limit determined by the General Assembly, after a relevant proposal by the Board of Directors.

Honorary
Honorary members are natural persons, who are broadly acknowledged as having offered services to promote the Association’s objectives. 
The Honorary member title is awarded by the General Assembly following a proposal of 10 regular members.

ADMINISTRATION BODIES

The Association’s Administration Bodies are the General Assembly of the Members, the Board of Directors, the Director General, and the Disciplinary Board.

GENERAL ASSEMBLY

The General Assembly is convened regularly during the first four months of the year, and may have extraordinary meetings when the Board of Directors deems it necessary.
During the first meeting, the General Assembly meets in quorum, if at least ½ of the ordinary members are present.  Otherwise, the meeting is re-scheduled for the same day of the following week, during which ¼ of the members must be present.

BOARD OF DIRECTORS

The Board of Directors consists of 15 members, elected by the General Assembly, the Chairman, six  Vice-Chairmen, a Secretary, a Treasurer and six Consultants.  The Board of Directors is elected for a 3-year term.
The Board of Directors meets on a regular basis once a month and it may hold extraordinary meetings whenever 2 ordinary members submit such a written request to the Chairman.
The Board of Directors decisions are taken by absolute majority of the members present. In case of parity the Chairman's vote prevails.

The Chairman
The Chairman, (or his legal substitute appointed by the Chairman during the first meeting of the Board of Directors) presides over the Board meetings, represents the Association before all natural persons or legal entities and before any Legal, Administrative, Municipal Authority and any other authority whatsoever.

Director General
The Director General supervises the Association services, all communications between the Association and the Administrative Authorities, the Ministries, the Political Parties, the Mass Media, the Association Members.  The Director General supervises the Association’s participation to the EFPIA collective bodies.

Disciplinary Board
The Disciplinary Board consist of three members, elected by the General Assembly, and its decisions are taken by simple majority.
The Disciplinary Board proposes to the General Assembly the deletion of an ordinary member from the Association records, if case the ordinary member refuses to conform to the sanctions that may have been imposed by SFEE’s Code of Practice Second Degree Committee.
The Disciplinary Board also reviews all issues that may lead to an ex officio deletion of a member from the Association’s records or following an application by an ordinary member.

Auditors
Two auditors, representing ordinary members, elected by the General Assembly, supervise and audit the management of the Association’s financial resources.
The auditors submit to the Regular General Assembly an annual written report, on the management of the Association’s financial resources.

ASSOCIATION’S FINANCIAL RESOURCES – MEMBERSHIP FEES

Regular financial resources
Regular financial resources are the ordinary members’ registration fees, their yearly membership fees and the income from the Association’s assets.

Extraordinary financial resources
Extraordinary financial resources are donations, inheritances, and all other income legally obtained, as well as extraordinary fees decided by the General Assembly.
The Association’s registration fee and the yearly membership fee paid by ordinary members every calendar year are determined by decision of the General Assembly.

FISCAL YEAR

The Association’s fiscal year starts on January 1st and ends on December 31st of each year.

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