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Chapter Law Content

Chapter III Responsibilities and Oversight
Article 22
The scope of supervision carried out by the supervisory authority shall be limited to:
1. Approving the development goals and plans;
2. Approving or filing for reference the Agency’s rules, annual work plan and budget, annual achievements report, and final report;
3. Examining Agency property and finances;
4. Evaluating reports on work completed;
5. The appointing and dismissing of Directors and Supervisors, and rendering opinions thereon.
6. Meting out punishment to Directors and Supervisors who have infringed upon relevant regulations;
7. Dismissing, changing, abolishing, requiring improvements to be made, halting the execution of duties, and otherwise meting out punishment where the Constitution, laws, and regulations are breached by the Agency.
8. Approving the granting or removing of rights over the real estate and intangible assets of the Agency;
9. Approving the annual plan for pooling miscellaneous funds;
10. Other supervisory duties in accordance with the law.
Article 23
The supervisory authority shall invite representatives of relevant agencies, scholars and experts, and upstanding members of the public to prepare evaluations of the Agency. Among these, the number of scholars and experts and upstanding members of the public shall account for no less than two-thirds of the total. Neither gender should occupy less than one-third of the seats of the committee/commission.
The supervisory authority shall determine the evaluation method, procedure, and related matters.
The evaluation shall cover:
1. A review of the annual achievements report;
2. An assessment of how well the Agency did in achieving its goals;
3. An assessment of the success (percentage collected) of fundraising campaigns;
4. Recommendations on budget allocation; and
5. Other related matters.
Article 24
The Agency’s development goals and plan shall be approved by the supervisory authority after being approved of by the Board of Directors.
The annual work plan and budget is to be sent to the supervisory authority after it is passed by the Board of Directors.
Article 25
Within three months of the end of the Agency’s accounting year, it shall present its annual achievements report and final report to an accountant for a review, following which these are to be reviewed by the Board of Directors. After being approved by the Board of Supervisors, they are to be sent to the supervisory authority as well as the auditing authority.
The final report is to be audited by the auditing authority. After this audit, the report is to be sent to the supervisory authority or other related agency for any necessary action.