1) In order to control the financial activities of the State and of the public-juridical associations, to audit the balance-sheet of State accounts, to move yearly in the Diet the adoption of the auditors' report, the Supreme Board of Control is established; it is based on the principle of the collegiate system and of the independence of its members.

(2) The Supreme Board of Control is independent of the Government.

(3) The President of the Republic appoints and recalls the President of the Supreme Board of Control; on his motion aim with his countersignature the President of the Republic appoints and dismisses the members of its college.

(4) The President of the Supreme Board of Control is responsible for the discharge of his duties according to the principles laid down for the responsibility of Ministers.