What are the documents and qualifications needed for list of directors in establishing a sports foundation?
Qualifications for directors and supervisors applying to establish sports foundations: The number of directors of any given foundation must be limited from 7 to 21, and final total must be an odd number. At least a third of the directors must have specialized sports qualifications or experience in running sport-related businesses and have documents certifying such. Directors and supervisors of said foundations with marital relations to the third degree cannot exceed a third of the total number of directors and supervisors. The number of foreign national directors and supervisors cannot exceed a third of the total number, nor can a foreign national fill the post as board director.
