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GENERAL STIPULATIONS
1. Admission and Membership Fees

a . For ordinary members, there shall be an admission fee of AED.2,000/- (Two Thousand) payable by each member only once at the time of the member joining the organization. There will also be membership fees of AED.3,600/- (Three Thousand Six Hundred) payable by each member annually at the beginning of the financial year of the Organization. The two types of fees may be revised by a simple majority vote of the General Assembly.

b . For Associate members, there shall be fees of AED. 2,500/- annually. (effective 01/01/2017), Honorary members are not required to pay fees.

2. Voting Procedure

Voting on all matters shall be by show of hands except a vote for election or removal of a member of the Executive Board or a vote of no-confidence, in which two cases voting shall be carried out by secret ballot.

Executive Board in an account opened in the name of the Organization. Operating such account shall be by joint signatures of the President and Treasurer, and in the absence of the President, the Vice President shall be authorized to sign on his behalf and in the absence of the Treasurer, the Secretary General shall be authorized to sign on his behalf.

3. Funds & Financial Year

a . Fees and Funds collected or received by the Organization shall be deposited with a Bank approved by the Executive Board in an account opened in the name of the Organization. Operating such account shall be by joint signatures of the President and Treasurer, and in the absence of the President, the Vice President shall be authorized to sign on his behalf and in the absence of the Treasurer, the Secretary General shall be authorized to sign on his behalf.

b . Independent auditors shall be appointed annually at the Annual General Assembly meetings.

4. Internal By – laws

The Executive Board is empowered to issue internal by-laws and circulars necessary for the conduct of the organization functions and activities, and the implementation of this statute. Internal by-laws issued in pursuance to this para shall be subject to the approval of the General Assembly by simple majority.

5. Amendment

This statute may be amended by a two thirds majority vote of the General Assembly convened in an extra ordinary meeting.

6. Dissolution

In case of dissolution of the association, its assets and funds shall devolve to such charitable or other organization as the General Assembly may determine by a simple majority.

CODE OF CONDUCT

Every member shall comply with this code of conduct as set out below:

1. OBJECTS

The objects of this code of conduct are to:

  • Ensure a fair business relationship between the Members and their clients, and between Members themselves.
  • Maintain and enhance the reputation, standing and the good name of the NAFL and its members.
  • Generally watch over, promote and safeguard the credibility of the NAFL and its members by establishing, maintaining and promoting professional behaviour of high standards with the object that Membership in the NAFL shall be an indication of high standards and quality of service.
  • Achieve uniformity in standards of professional conduct.
  • Generally inspire public confidence in the Members and in the freight and logistics industry particularly through prevention or correction of any abuses which might undermine this confidence.
  • Promote the interest and welfare of freight forwarders and logistics providers, improve their professional status, and secure high standards of professional conduct and practice.
  • Promote and develop the general interests of all Members of the NAFL in their relations with clients, with operators of all forms of transport and with one another.
2. CONDUCT
  • At all times within the law, Members shall act professionally and in the interest of their clients, subject to their own proper and reasonable commercial considerations and undertake to provide confidential and competent services and otherwise.
  • Members undertake not intentionally to mislead the public.
  • In their dealing with third parties in the performance of their service to clients, Members undertake that any information they provide shall be accurate so far as it is known to them.
3. ENFORCEMENT
  • The Executive Board of the NAFL has the power to appoint a sub-committee to deal with questions relating to the conduct of Members.
  • Members shall refer all disputes arising between them to the above sub-committee.
  • The Sub-committee is empowered to consider any complaint made by a Member of the public or a dispute arising between Members.
  • The Member against whom a complaint has been made shall, upon request by the sub-committee, provide information and document(s) and within such period as may be reasonably required by the sub-committee. The sub-committee is not entitled to apply or recommend the application of any action against the said Member without giving the said Member an opportunity to make representation (in writing or in person) in connection with said complaint.
  • The Executive Board of the NAFL is, within the law, empowered to:

    • issue such cautions, warnings and reprimands as it may consider necessary,
    • require from such Member any specific or general undertaking as to such Member’s future conduct and / or,
    • terminate the membership of any such Member.

The Executive Board is empowered to delegate its disciplinary powers under sub-paragraph (i) and (ii) above to the sub-committee.

STANDARD TRADING CONDITION
CREDIT AGREEMENT