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Other Bodies

​​ERSAR statutes comprise an Advisory Board and a Statutory Auditor.

Advisory Board

The responsabilities of the Advisory Board include:

  • Appraisal and advisory of some ERSAR competences and tasks;
  • Appraisal and advisory of issues submitted by the Board of Directors;
  • Assist the production of the annual activity plan and the annual activity report.

Tariff Council

The responsabilities of theTariff Council include:

  • Advisory to ERSAR competences regarding tariffs and prices;
  • Appraisal and advisory on the tariff regulations;
  • Issue an opinion on the activities report regarding the economic regulation cycle.

Statutory Auditor

The Statutory Auditor must:

  • Follow and control the financial management of ERSAR;
  • Assess and advise the Board of Directors regarding the budget, the annual activity report and the annual financial report;
  • Supervise accounting and the following of all rules that concern budgeting, accounting and treasury and notify the Board of Directors of any incompliance;
  • Issue opinions (requested by the Board of Directors) on matters of its competence.