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Art. 38

221.302AOAFederal ActSep 1, 2007Original source
  1. The Oversight Authority fulfils its tasks professionally independently.
  2. It is subject to the administrative supervision of the Federal Council. The latter exercises its supervision primarily by:
    1. electing and recalling the members of the Board of Directors and its chairwoman or chairman;
    2. approving the reasons and termination of the employment relationship with the Chief Executive;
    3. approving the affiliation contract with PUBLICA;
    4. approving the annual report;
    5. approving the strategic goals;
    6. annually verifying the fulfilment of the strategic objectives;
    7. granting discharge to the Board of Directors.
  3. The Oversight Authority regularly discusses its strategic goals and the fulfilment of its tasks with the Federal Council.

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