The Board of Trustees shall hereby be mandated to formulate the public policies of the Egyptian Radio and Television Union; approve the main activity plans intended to apply and execute such policies; and monitor and assess the conduct and performance by the ERTU sectors and departments. The Board of Trustees shall take the actions and measures necessary for the fulfilment of the purposes thereof, pursuant to the provisions of the present Law. Specifically, the Board of Trustees shall: 1. Formulate the professional code of conduct and ethics of the audio-visual media and broadcasting services, and determine the mandatory functional approaches in compliance therewith; 2. Approve the rules, regulations and systems standardizing the management and functioning of the ERTU sectors, as well as the partnerships and joint stock companies owned thereby, in a manner that shall ensure the effective and efficient delivery of the audio-visual media and broadcasting services, on the basis of sound economic management approaches; 3. Approve the rules and regulations standardizing the ERTU administrative and financial functions and requirements, using adaptable and decentralized methods; 4. Release bylaws and internal statutes in relation to the management of human resources and the personnel remuneration and pay scale and structure, which shall be commensurate with professional duties and responsibilities, in a manner geared towards upgrading the professional performance thereof; notwithstanding the schemes and norms that apply to the regular civil servants; 5. Approve the annual investment programs, public policy regarding the production of media and broadcasting materials, and basic standards and criteria for the identification and utilization of international content materials and programs; 6. Approve the rules and regulations for drafting the ERTU budget projections, in line with the budgeting norms and guidelines that apply to economic enterprises; 7. Approve the standards and criteria for the designation and recruitment of international expertise and resources in the audio-visual broadcasting sector; 8. Approve the basic standards and criteria concerning the selection and procurement of materials and programs obtained from international sources; 9. Approve the basic standards and criteria regarding the process of performance appraisal and competency assessment; 10. Approve the basic standards and criteria regarding the administration and direction of the advertising and commercial activities undertaken by the ERTU; 11. Provide input and insight in the range of draft legislations and regulatory framework in relation to the audio-visual broadcasting and media sector; 12. Approve the establishment of theatrical performance groups and musical bands, in line with the ERTU mandate, purposes, and activities; and, 13. Approve the manpower planning, placement and deployment schemes; pay structure; and job family categorization