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Court of Honour

Court of Honour shall decide in the procedure against business entities and other members of the Chamber for violation of good business practices in mutual business relations and foreign trade operations, violations which disturbed the market integrity or caused monopolistic activities in the market.

Jurisdiction of the Court of Honour at the Chamber of Economy of Montenegro
The Court of Honour is established in accordance with the Law and the Statute of the Chamber of Economy of Montenegro.

It shall have the right of settling disputes in accordance with Rulebook of the Court of Honour at the Chamber of Economy of Montenegro.

Court of Honour shall decide in the procedure against business entities and other members of the Chamber for violation of good business practices in mutual business relations and foreign trade operations, violations which disturbed the market integrity or caused monopolistic activities in the market.

In certain circumstances, the activities which cause damage to the state, other enterprises and organizations, elude ratio legis and other pieces of legislation or disparage the reputation of Montenegro abroad shall be considered as a violation of good business practices.

The Court of Honour shall determine the responsibility and impose the following measures:

- warning;

- public warning to be said during a meeting of the Assembly;

- public warning to be published in a monthly newsletter and the web site of the Chamber.

 A decision of the Court of Honour may be challenged before the Managing Board of the Chamber within 15 days as of the receipt of such decision.

Proceedings before the Court of Honour at the Chamber of Economy of Montenegro

1) the bill of indictment (procedure before the Court shall be initiated by the bill of indictment); 
2) a response to the bill of indictment (the bill of indictment shall be delivered to the defendant to response, the response may be given within 15 days as of the receipt of such indictment); 
3) hearing; 
4) deciding on the bill of indictment and 
5) a complaint against the decision (the decision of the Court of Honor may be challenged before the Managing Board of the Chamber within 15 days as of the receipt of such decision).

The organization of the Court of Honor 
Court of Honor shall have a president, vice president and a number of judges elected for a period of four years, provided that the same person may be re-elected. 
The Chamber shall initiate and conduct proceedings before the Court through the Court of Honour Prosecutor. 

The Prosecutor of the Court of Honor 
Prosecutor shall receive charges and notification of the infringement, file the bill of indictment, represent the prosecution at hearings, raise objections based on the decisions and inform the applicant of the outcome. 
The Prosecutor may initiate the procedure on the basis of other information regarding the violation of good business practices and business ethics. The prosecutor shall be a person employed in the Chamber. 

The Registrar 

The Registrar of the Court of Honor shall receive bills of indictment and other petitions, be responsible of keeping business books of the Court and records on the imposed measures, give the necessary information the parties, participate in preparing reports and analysis of the Court, calculate costs related the work of the chamber of judges. 
At the meeting held on 24 June 2010, the Board of Directors issued a decision on the election of the president, deputy president and judges of the Court of Honor at the Chamber of Economy of Montenegro. 

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