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​After the publication of Law 4182/2013 (Code for public benefit estates, vacant successions, and other provisions), and the issue of Circular 1/2014 (DKP 104033 EX 2014) of the Ministry of Finance regarding the provision of guidelines on its implementation, for the legalization of the representatives of foundations subject to the provisions of Law 4182/2013, the documents hereinbelow are required:

1. The Government Gazette in which the Presidential Decree on the establishment of the Foundation’s Organization is published.

2. A statement by the Foundation’s Chairman of the Board indicating whether any amendments have been made to the Foundation's status or modus operandi, and the Government Gazette in which any said amendments have been published, which should be attached to the said statement.

3. A true excerpt or a true copy of the minutes of the Foundation’s Board (which shall include the names of the Directors present and of the Directors absent, though invited), which includes the decision regarding the appointment of the members of the said Board, in accordance with the relevant provisions of the Foundation, duly signed by the competent officers as per the Foundation, or the decision of the competent authority on their appointment and the duration of their term.

4. A copy of the document by which the appointment of the members of the Board of Directors is disclosed to the relevant authority.

5. A true excerpt or a true copy of the minutes of the Board (which shall include the names of the Directors present and of the Directors absent, though invited), duly signed by the competent officers, as per the Foundation, which shall include the decision regarding the Board's constitution into a body.

6. A true excerpt or a true copy of the minutes of the Board (which shall include the names of the Directors present and of the Directors absent, though invited), as per the Foundation, which includes the decision regarding the powers and authorities conferred upon the Treasurer or other person(s) designated to conduct withdrawals of moneys from the said foundation’s account, duly signed by the competent officers.

The items listed under 5 & 6 hereinabove can be incorporated into a single minutes document, provided that the Board meetings were held on the same day.

NOTE: To carry out transactions, the annual budget and the approval decision of the competent Authority must be supplied to the Branch.

​After the publication of Law 4182/2013 (Code for public benefit estates, vacant successions, and other provisions), and the issue of Circular 1/2014 (DKP 104033 EX 2014) of the Ministry of Finance regarding the provision of guidelines on its implementation, to renew the legalization of the representatives of foundations subject to the provisions of Law 4182/2013, the documents hereinbelow are required:

1. A statement by the Foundation’s Chairman of the Board indicating whether any amendments have been made to the Foundation's status or modus operandi, and the Government Gazette in which any said amendments have been published, which should be attached to the said statement.

2. A statement by the Foundation’s Board Chairman  indicating the names and term of office of the members of the Board.

- If there have been any changes regarding the members of the Board, a true excerpt or a true copy of the minutes of the Foundation’s Board (which shall include the names of the Directors present and of the Directors absent, though invited), which includes the decision regarding the appointment of the members of the current Board, in accordance with the relevant provisions of the Foundation, duly signed by the competent officers as per the Foundation, or the decision of the competent authority on their appointment and the duration of their term.

3. A copy of the document by which the appointment of the members of the Board of Directors is disclosed to the relevant authority.

4. A true excerpt or a true copy of the minutes of the Board (which shall include the names of the Directors present and of the Directors absent, though invited), duly signed by the competent officers, as per the Foundation, which shall include the decision regarding the Board's constitution into a body.

5. A true excerpt or a true copy of the minutes of the Board (which shall include the names of the Directors present and of the Directors absent, though invited), , which includes a decision, in accordance with the provisions of the Foundation, regarding the powers and authorities conferred upon the Treasurer or other person(s) designated to carry out cash withdrawals  from the said foundation’s account, duly signed by the competent officers, in accordance with the provisions of the Foundation.

The items listed under 4 & 5 hereinabove can be incorporated into a single minutes document, provided that the Board meetings were held on the same day.

NOTE: To carry out transactions, the annual budget and the approval decision of the competent Authority must be supplied to the Branch.