Documentation / Statutes

THE REVISED TEXT OF THE STATUTES OF THE CIMA APPROVED BY THE EXTRAORDINARY GENERAL MEETING OF MEMBERS OF 27 APRIL 2006

CHAPTER I: GENERAL PROVISIONS


Article 1: The Civil and Mercantile Court of Arbitration (hereinafter referred to as the “CIMA” or “the Court”) that was set up under the terms of the Law 36/1988, 5 December, will be governed by the Rules that apply to Associations and arbitration and by the present Statutes.

Article 2: The principal function of the Court shall be to organise and administer the arbitration of disputes that the parties have voluntarily entrusted to the Court and which have been accepted by said body, chiefly in the field of civil or commercial law. It will be charged with the task of regulating and determining procedure and appointing arbitrators from among its members although this will not prejudice the right of the parties to reach a free agreement nor impinge on the powers of the arbitrators, without prejudice to the provisions set out in paragraph 4 of Article 18.

Article 3: The Court shall integrate or clarify elements in a contract or verify whether the requirements that make an obligation claimable have been complied with, when called upon to do so. It shall mediate and seek a concord at the request of one of the parties or render services that deal with matters related to their objective. It will also be the competence of the Court to carry out studies, provide plans and consultation and debate and submit motions to autonomous, national and international authorities and organisms in order to further the dissemination and efficiency of arbitral justice. It shall undertake activities that are connected to the aforementioned activities when authorised by the General Meeting to do so.  The Court will be responsible for the services requested and it will receive the fees that are agreed upon in each case.

Article 4: The Court has been established for an indefinite period as a private, legal entity with Spanish nationality and is fully competent to act.

Article 5: The Court is domiciled in Madrid, 8 Hermosilla Street. Its relocation within the Community of Madrid is the competence of the Board of Administration. Relocation to any other point within the national territory and the establishment of representations, delegations, branches, agencies and offices will be submitted to the General Meeting.
The activities of the Court take place mainly in Madrid, without prejudice to its ability to undertake activities in any part of the national territory at the request of the contending parties.

Article 6: The Court’s internal proceedings will be subject to democratic criteria at all times, in which the opinion of a majority of the members will prevail.

Article 7: The General Meeting may enter into any type of federation or association agreements with other entities and organisations with the approval of the qualified majority stipulated in Article 30 provided that their aims are similar or can be incorporated and that it does not involve a loss of entity.


CHAPTER II: MEMBERS


Article 8: All those who were present at the constitution of the Court shall be members together with those who have been accepted as members subsequent to that act. Members may either be full or associate members.

Article 9: In order to become a member the interested party must present a written application to the President of the Court affirming that they fulfil all the conditions stipulated in Articles 10 and 11, as applicable. The President will refer the application to the Board of Administration that will reach a reasoned decision.


Article 10º:  The applicant must fulfil the three conditions below in order to present the application described in the previous article.

a) To have been a practising member of a Bar Association for a minimum period of ten years.
b) Not to have had disciplinary measures brought against them as a member of a professional association, nor to have been expelled from the Association nor sentenced for a serious offence; and
c) Belong or have belonged to the Corps of Attorneys of the Council of State or to the Corps of State Lawyers or, in the opinion of the Board of Administration, be a highly experienced lawyer of renowned prestige.

The length of time the applicant served on either of the Bodies referred to in section c) above will be included when calculating the number of years said applicant has practised his profession in order to determine whether the time period stipulated in the condition has been fulfilled.

The Board of Administration, taking into account the number of Court arbitrators and the number of awards pending, shall take a decision on the application for membership in accordance with the last paragraph of the preceding article, and shall state the reasons for its decision.

Article 11: Applicants who fail to fulfil the first mandatory condition for full membership but fulfil the second and third conditions may become associate members, as may those who fulfil all the conditions but chose the associate membership option in their application form.

Article 12: Both membership categories will be recorded in a single Book according to the date membership was granted. This list shall be broken down into two lists whereby law arbitration is assigned to full members and equity arbitration is assigned to associate members.

Furthermore, lists of bilingual lawyers will be drawn up to be used in event of the parties requesting arbitration in a language that is not Spanish, or in Spanish and a different or foreign language.

Article 13: Cancellation of membership will occur if the member resigns voluntarily, by death, or by the loss of one of the membership requirements unless the member concerned is a full member who fulfils the conditions required to become an associate member and wishes to do so, and this is approved by a qualified majority of the General Meeting, as stipulated in Article 30. At no time shall members fail to fulfil any corporate, professional or pecuniary duties and obligations to the Court or third parties that were acquired prior to the separation.

Article 14: Upon cancellation of membership all rights with respect to the Court shall be forfeited.

CHAPTER III: RIGHTS AND OBLIGATIONS OF THE MEMBERS


Article 15:  All members will have the following rights:
 
a) To arbitrate when one or more of the litigating parties chooses them and when this is in accordance with the rotation schedule.

b) To choose and be chosen for executive posts.

c) To attend meetings of the General Meeting and to participate in debates, voting and the activities of the Association in general. For the purposes of approving resolutions at a General Meeting full members shall be entitled to two votes and associate members shall be entitled to one vote.

d) To access all data, books, files and documentation of the Court except for those files that deal with the arbitrations of other members. This exception does not include the study of final awards for the laudable purpose of unifying criteria. The regulations of the Organic Law, 15/1999, 13 December, for the protection of personal data, will be observed at all times.

e) To receive information on the composition of the administrative organs and representation of the Association, the statement of accounts and the performance of Association activity.

f) To receive a hearing before disciplinary measures are taken against them, to be informed of the facts that have given rise to such measures and, in the event that a sanction is imposed, to receive a reasoned resolution.

g) To appeal against any agreements approved by the organs of the Association that they deem contrary to law and the Statutes.

h) Other rights recognised by law and the present Statutes.
 
 
Article 16:  All members will have the following obligations:

 
a) The most important obligation of all the members shall be to arbitrate with the most absolute diligence, objectivity, dedication, celerity, efficiency and confidentiality. They may not refuse to arbitrate when it is their turn for any reason other than abstention or challenge. If a member refuses to arbitrate the rejected arbitration will be noted in his turn in the rotational schedule and the unjustified repetition of said behaviour may be considered as serious misconduct by the Board of Administration.

b) To collaborate on any assignments that the Court entrusts to them.

c) To comply with and where necessary implement any decisions, agreements and directives, whether general or specific, that the administrative organs of the Court adopt or lay down.

d) To comply with the maintenance and financing needs of the Court in the way that said organs determine. In this respect full membership rates will be double those of associate membership ones.


Article 17: Failure to comply with the obligations of the above article may result in the temporary suspension of the member by means of a Board of Administration sanction approved by a majority of the members, after the pertinent preliminary inquiry has been conducted. If the non-compliance is very serious, the General Meeting may adopt a resolution to expel the member.

CHAPTER IV: APPOINTMENT OF ARBITRATORS AND ARBITRAL PROCEDURE


Article 18:
1.- An automatic rotation schedule, ordered by number and correlation, will be used to appoint arbitrators after the preliminary arbitral procedures have been carried out.
Said automation will only be changed:


a) If the parties have agreed on the appointment of an arbitrator or Arbitral Tribunal from among the arbitrators included in the Court list;

b) If each party nominates an arbitrator from those who appear in the Court list and requests the arbitrators appointed to chose a third member, who will act as President of the Tribunal and must therefore appear in the Court list;

c) If each party nominates an arbitrator from those who appear the Court list and leaves the appointment of the third arbitrator to the President of the Court, who will appoint the person whose turn it is in the rotation schedule who will act as President of the Arbitral Tribunal.

The appointment of an arbitrator will mean the person loses his place in the rotation schedule.

2.- The choice of arbitrator may also be changed by a decision of a majority of the Board of Administration if strictly applying the automatic rotation schedule to a case either prevents the aims of the Court from being fully achieved or adversely affects its impartiality or the principal of greatest arbitral expertise; interested parties in the arbitration will be given a hearing to this end. If the Board of Administration decides to alter the schedule the arbitrator appointed will lose his place on the rotation schedule. Likewise, arbitrators who are appointed because they are bilingual or multi-lingual will lose their place on the rotation schedule.


3.- A special schedule shall be established for arbitrations concerned with the lease of urban property. If a member refuses this type of arbitration he will lose his place not only in the special schedule but also in the ordinary schedule either underway or due to begin.


4.- Notwithstanding the above, the Board of Administration may, at the request of all the parties and with the consent of an absolute majority of members, exceptionally authorize arbitrations heard by a maximum of two arbitrators who do not appear on the Court list if the case is of particular importance or relevance. These arbitrations will be regulated by the Rules of Procedure of the Court at all times and the performance and obligations of the arbitrators who are not Court members will be equivalent to those of Court members.

Article 19:, After an arbitration has been awarded to the member who has the highest number on the list the Board of Administration is empowered, prior to starting a new rotation, to award the next arbitrations on the list to; arbitrators who have not been able to collect their fees, members who had to refuse an arbitration for what the Board deems exceptional reasons, members who had been appointed to political posts that were legally incompatible with the position of arbitrator once the cause of the aforementioned incompatibility no longer exists, members appointed to arbitrations which were dropped at the outset of proceedings in the event of their not being awarded another one immediately afterwards and associate members who have become full members. The Board of Administration must give a reasoned resolution to this effect.


Article 20: The arbitrations of the Court will be based on Law and conducted by one arbitrator unless the parties expressly pact otherwise. Arbitration procedures will be in accordance with the Rules of Procedure.


CHAPTER V: ORGANS


1: ENUMERATION

Article 21: The General Meeting, the President, the Board of Administration, the Director and the Secretary are all organs of the Court.

2. THE GENERAL MEETING.


Article 22: The supreme organ of the Court is the General Meeting which is composed of all the members assembled together to deliberate and adopt agreements by majority vote on the subjects that are on the Agenda.

Article 23: All members have the right to attend and participate in the Meeting and vote in accordance with the provisions of Article 15.c).

Article 24: Each member is entitled to have his vote cast by a proxy, authorised in writing and for one meeting, provided that said proxy does not have more than ten proxy votes.

 In the interests of efficiency, membership and proxy accreditation must be completed before the Meeting is constituted.

Article 25: The ordinary General Meeting shall be held in the first six months of each year, and shall be convened by the President, who will send the proposed Agenda to the members not less than fifteen working days prior to the date thereof. It will include the time and place of the first and second summons, the latter to be held at least half an hour after the former.

Article 26: Members are entitled to have any matters that they feel are important included in the Agenda. To this end a minimum of five members may draft a verbatim proposal of agreement that will be presented to the Meeting for its consideration, within a maximum time period of ten days after reception of the notification of the meeting. In this way the definitive Agenda will be drawn up by the Board of Administration, which will be available to members at least one hour before the session commences, if earlier notice were not possible.

Article 27: The President of the Court shall convoke an extraordinary Meeting when he deems it necessary with the agreement of the Board of Administration. He shall also convoke a meeting at the request of a minimum of 10% of members who shall have listed the points to be considered and the verbatim proposals for agreements. In this case, all other matters shall be undertaken in accordance with the above articles.

Article 28: The General Meeting will be presided over by the President of the Court and the Secretary shall be the person appointed as such. In the absence of either, the Meeting shall choose a person or persons to replace the absent member or members, at the start of the meeting.

Article 29: At the first summons of the Meeting a third of the members are necessary to constitute a quorum whereas a quorum is not necessary for the second summons.

Article 30: The agreements of the General Meeting will be adopted by a simple majority of those present and the proxies, when the votes in favour outnumber the votes against. However, a qualified majority, when more than half the votes of those present and the proxies are in favour, is necessary for agreements concerning the dissolution of the Association, amendments to the Statutes, the transfer and disposal of property and any others that require said majority in compliance with these Statutes.


3. THE PRESIDENT.


Article 31: The President of the Court must have been a full member of the Court for a minimum of five years.

Article 32: The functions of the President of the Court are:

a) To represent the Court.

b) To call meetings of the Board of Administration, convoke the General Meeting with the agreement of the Board of Administration, and to chair the discussions of both bodies.

c) To appoint arbitrators, unless the appointment should be made by the Board of Administration in accordance with the cases specified in Article 18.

d) To authorise the minutes and certifications of the sessions and agreements that are drawn up by the Secretary.

e) To use his casting vote if any of the votes in the organs over which he presides result in a tie.

Article 33: The title of Honorary President may be conferred upon any member who has been President of the Court and who, in the opinion of the General Meeting, has outstanding merits.

Article 34: The President is elected by the General Meeting. Candidatures for said election may be presented eight working days before the election and must be signed by five or more members, who may only sponsor one candidate.
 
 The President will be appointed for a four-year term of office which may be renewed for like periods. The General Meeting may pass a motion of dismissal against the President which should be approved by a simple majority. This motion removes the President from his office.

If the President stands down before his term of office expires, whatsoever the reason, the members of the Board of Administration shall choose an interim President from among their members to act as President for the remainder of the term of office or until the next General Meeting that is held.


4. THE BOARD OF ADMINISTRATION


Article 35: The Board of Administration will be composed of the President and four members, of whom at least three must be full members, who will be chosen by the General Meeting at the same time that the President is chosen.

 The candidatures for the members of the Board of Administration will be presented with that of the President within the time period established in Article 34, and will be closed candidatures. Only those who have been members for at least two years shall be eligible for election to the Board.
 
 The Board of Administration members shall hold office for a four-year period. They will cease to function as such before their term expires by submitting a resignation or dismissal by means of a majority agreement approved by the General Meeting.

Article 36:  The President shall call a meeting of the Board of Administration at least once a month throughout the year except for the month of August and he may also call it at the request of one of the members.
 
 At meetings of the Board of Administration a majority of its members are necessary, either in person or by proxy, in order to constitute it.

 The Director and the Court Secretary, the latter in the capacity of public notary for the Court, shall attend Board meetings where they may participate but not vote.

 If the President is unable to attend the meeting he will be replaced by the member who has the lowest number in the arbitrator list.

 Agreements will be adopted by majority vote and in the event of a tie the President will have the casting vote.

 The Secretary will prepare the minutes of all Board of Administration meetings, which will be endorsed by the President and used to issue certifications to those who accredit that they have a legitimate interest in the agreements adopted.

Article 37: The Board of Administration has extremely wide powers with regard to the aims, objectives and organization of the Court, which include:

a) To convoke ordinary and extraordinary meetings of the General Meeting through the President.

b)  To submit proposals for amendments to the Statutes and the Rules of Procedure.

c) To accept or reject membership applications, stating the reasons for the decision.

d) To draw up the annual budgets and, where applicable the extraordinary ones, that must be submitted to the General Meeting for approval.

e) To hear the arbitral appointments made by the President and appoint arbitrators in the exceptional circumstances stipulated in Article 18 of the present Statutes.

f) To determine appeals against the decisions of the arbitrators and the Secretary and dismiss challenges.

g) To arrange disciplinary hearings against members, appoint an examiner and receive the recommendation from the examiner as to whether a decision should be taken on the case or whether it should be presented to the General Meeting.

h) To present reasoned modifications of arbitral fees, Court charges and membership rates for the maintenance of the Association to the General Meeting.

i) To decide whether to demand the payment of charges, rights and fees that are owing to the Court.

j) To represent the Association and grant the powers that it may deem necessary or opportune for its smooth running.

k) Any other powers that are conferred by the present Statutes or those that are delegated to it by the General Meeting.


The Board will undertake any other function necessary for the running of the Court and for arbitration administration that has not been assigned to another organ by law or the Statutes.

Article 38: In order to ensure that the arbitrations undertaken by the members are above reproach, the Board of Administration may make suggestions or recommendations to the members, either individually or collectively, with the aim of maintaining or enhancing arbitral prestige although it may not interfere directly with the arbitrator’s sphere of responsibility.

Article 39:  Those who attend Board of Administration meetings shall be paid dietary expenses, the amount to be set by the General Meeting.


5. THE DIRECTOR


Article 40: Any full member who has belonged to the Court for more than two years may be appointed Director of the Court.

Article 41: The functions of the Director are:

a) As senior executive of the Association he is responsible for its economic and accounting management, programming and planning its activities and tasks and managing the personnel who work for the Court.

b) To nominate arbitrators to the President, provide them with any resources they may need and process the pertinent appointments.

c) To appoint arbitrators himself in the absence, vacancy or illness of the President or when the President has been appointed to arbitrate.

Article 42: The Director shall be appointed by an agreement of the Board of Administration on the recommendation of the President. The Director will be appointed for a four-year term of office which may be renewed for like periods although he will cease to function as such if the Board approves a decision to remove him. The Director will act as an arbitrator under the same conditions as the President, the Secretary, the Board of Administration members and the other members and it will be his duty to implement the agreements of the organs of the Court referred to in the above article.


6. THE SECRETARY


Article 43: The post of Court Secretary must be held by a full member. He will be chosen by the Board of Administration on the recommendation of the President. He will be appointed for a four-year term of office and may be re-elected one or more times. His term of office may be terminated either by his resignation or by a majority agreement of the Board of Administration.

 
Article 44: The Board of Administration may also appoint a Vice-secretary on the recommendation of the President and approved by majority vote.
 
It is not mandatory for the Vice-secretary to be a member although he must be a law graduate or Doctor and a practising member of any Bar Association in Spain. Furthermore, the possession of a degree in Economic and Business Sciences will be considered an advantage.
 
The duration of the term of office of the Vice-secretary and the cessation of the same will be governed by the same regulations that apply to the Secretary.

Article 45:  The Board of Administration may also appoint, either permanently or temporarily, a deputy Secretary to substitute the official Secretary in the event of absence, illness, holidays, incompatibility or any other reason which may prevent the official Secretary from acting. The post must be held by a full member.

Article 46: The functions of the Court Secretary are:
 
a) To keep all the official records of the Court except for the accounts, namely the membership records and the minutes of the administrative organs.

b) To implement any instructions and agreements approved by the General Meeting, the President or the Board of Administration that are not the competency of the Director.

c) To certify any measures that may be passed by the Institution.

d) To adopt procedural measures and the rules for the allocation of funds, charges, fees and costs.

e) To undertake the duties of court clerk in all proceedings except for those in which he acts as arbitrator.

f) Any others functions that are specified in the present Statutes or that are entrusted to him by the Board of Administration. 

  Article 47:   The functions of the Vice-secretary are:
 
a) To collaborate with the Secretary when processing claims.

b) To keep the Association’s accounts and draw up the balance sheets and annual reports.

c) To liquidate proceedings.

d) To advise the Court on accounting, fiscal and labour issues.

e) Any others functions that are entrusted to him by the administrative organs of the Court. 

The Vice-secretary will report to the Secretary when performing legal and administrative duties and to the Director when performing economic and fiscal duties.

 

CHAPTER VI: ECONOMIC AND ACCOUNTING SYSTEM.


Article 48: The Court is a non-profit institution and does not have a business organisation or nature. It may not issue securities or distribute results and it is maintained by the funds provided by the members, by the rates established in its tariff list and by its participation in the arbitrations it administers, which is fixed at 25% of the fees of all arbitrators. This percentage may be changed by the General Meeting depending on the needs of the Association.

Article 49:  The Court will draw up annual budgets, and its directives and rubrics must  be approved by the General Meeting, that will also set the ordinary and extraordinary membership rates that are needed for the suitable maintenance and running of the Court.

Article 50:  The Court may receive goods by devise, bequest and donation, possess, mortgage and dispose of all types of goods, receive remuneration for services it may render to third parties and use its resources freely.

Article 51: The Court will be liable for its obligations to the extent of its present and future assets, although its members are not accountable in any way whatsoever for its liabilities.

Article 52: The accounts of the Association must comply with the provisions of applicable regulations, and the annual accounts must clearly reflect the net worth, results and financial situation of the Association and be approved by the General Meeting.


The annual accounts comprise the balance sheet, the profit and loss account and the complementary annual account, to which documents the activities report and the Association’s assets inventory will be attached.

The financial year will be the same as the calendar year and will start on the 1 January and finish on the 31 December of each year.


CHAPTER VII: INFRACTIONS AND SANCTIONS


Article 53:  The infractions that may be committed by the members will be classed as very serious, serious and minor.

Article 54: The following will be considered to be very serious infractions:

a) Acts or omissions that constitute a serious offence to the prestige or dignity of the Court, the administrative organs or any of the members.

b) To keep membership when this may give rise to legal incompatibility.

c) Failure by a member to inform the Court that they no longer fulfil the conditions which are necessary for membership.

d) Failure to issue an award or failure to issue it within the legal deadline or the deadline agreed upon by the parties.

e) To participate in any way whatsoever in a serious offence when said offence arises from the performance of arbitral duties.

f) To commit serious offences more than once.

g) Issuance of an enforceable judgement against a member for an offence.

h) To commit infractions of such a serious nature or so many times that they are morally incompatible with membership.

i) To use the Association or its name for their own ends.

j) Those infractions that are classified as such in these Statutes or in the regulations of the Associations Law.

Article 55: The following will be considered to be serious infractions:

a) To show a lack of respect, by act or omission, towards the members of the administrative organs of the Court.

b) Patently inconsiderate behaviour towards the other members while acting as an arbitrator.

c) Unfair competition.

d) Repeated refusal to act as an arbitrator without good cause.

e) Repeated non-compliance with the obligation of contributing towards the maintenance and financial needs of the Court.

f) Repeated non-compliance with the decisions and agreements adopted by the administrative organs of the Court.

Article 56: The following will be considered to be minor infractions:

a) To show a lack of respect, by act or omission, towards the members of the administrative organs of the Court during the performance of their duties when it does not constitute a serious or very serious infraction.

b) Ordinary negligence during the performance of their duties as arbitrator.

c) Delay in the payment of the rates charged for the maintenance and financing of the Court.

d) The acts and omissions described in the above two articles when they are not important enough to be considered serious or very serious infractions.

Article 57: The sanctions that may be imposed on the members are:

1. For a very serious infraction:

a) Suspension of membership for a four to six year period.
b) Expulsion from the Court.

2. For a serious infraction:

Suspension of membership for a period between three months to four years.

3. For a minor infraction:
a) Written warning
b) Private reprimand

Article 58: In all cases the sanction of suspension will last as long as the cause that gave rise to said sanction continues to exist and its lifting will not mean that the rights that correspond to said period will be restored or that the obligations will be waived.

Article 59: Minor infractions will be sanctioned by the Board of Administration and by the President, on its behalf, after a hearing with defendant. However, no disciplinary proceedings are required.

Article 60: Serious and very serious infractions will be sanctioned by the Board of Administration or the General Meeting respectively, after disciplinary proceedings conducted by a member appointed by said Board have been held.

Within a period of fifteen days after the agreement to initiate proceedings has been approved the examiner will present the proceedings to the member concerned, who will have a period of fifteen days to submit whatever defence they feel fit.

 The examiner will take the steps that he considers necessary in order to determine whether there is sufficient cause, as specified in the Statutes, to warrant sanctions being imposed on the member, and will prepare a report containing all the antecedents, data and other explanatory documents. To this end the examiner will have free access to all documentation that is related to the case. The investigative proceedings will last for a maximum period of one month.
 
After the investigative proceedings have finished and prior to the drafting of the proposed resolution the examiner will present his report to the member concerned, who will have a period of ten days to present a defence. After this deadline has expired, the examiner will submit the proposed resolution, based on the report, to the Board of Administration who will take a decision on the case within a period of ten days or if necessary refer it to the General Meeting, and inform the member concerned of its decision.


 If the member concerned does not agree with the resolution of the Board of Administration he may appeal to the same organ within a period of five days. The Board of Administration will issue a report and will present all the case documentation to the General Meeting so that it may settle the issue.


Article 61: Minor infractions prescribe after three months after the acts or omissions occurred, serious infractions prescribe at six months and very serious infractions at one year.


CHAPTER VIII: AMENDMENTS TO THE STATUTES.


Article 62: In order to pass a statutory amendment it must be approved by a qualified majority of a General Meeting convoked for this purpose, that is to say, when over half the votes are in favour. Members may vote in person or by proxy. The Agenda of said General Meeting will include the text of the proposals for amendments, and will be sent to the members before the meeting.

Article 63: Said amendments will not take effect for third parties until they are registered in the pertinent Register in compliance with Article 16 of the Law 1/2002, 22 March.


CHAPTER IX: DISSOLUTION AND LIQUIDATION.


Article 64: The Association may be dissolved by a legally binding resolution adopted by the competent authority and by an agreement approved by over half the members of the General Meeting, who may vote in person or by proxy.

Article 65: The dissolution agreement will provide suitable guarantees for the running of the Court for the time needed to honour the requests for arbitration that may have been presented to the Court prior to the date of said agreement, which will be made public.

Article 66: In the event of the dissolution of the Court it will be liquidated by the President, the other members of the Board of Administration, the Director and the Secretary, in accordance with the provisions of the two articles above, and they will have to account for their management to a Meeting specifically convoked for this purpose. If there is any residual balance it will be donated to an officially classified charitable institution.

ADDITIONAL PROVISION

The Organic Law 1/2002, 22 March, in force that regulates the Associations Law, and the complementary dispositions, will be applicable to all circumstances that are not covered by the present Statutes.

FINAL PROVISIONS

The present Statutes will come into effect on the date of their registration in the Associations Register of the Home Office.

 

 

Cima Corte Civil y Mercantil de Arbitraje · C/ Hermosilla, 8 - 2º dcha. · 28001 Madrid · Tel.: +34 91 431 76 90 · Fax: +34 91 431 61 38