2. Other staff with recognized technical and professional expertise may be called on by the
DirectorGeneral to take part in the sessions of the Governing Board, depending on the issues
under consideration.
Article 9
Competences
The Governing Board shall be competent:
a) to analyze the implementation of the administrative and management policies on industrial
property in the context of decisions taken by the State and the Government, and to propose, to
the Minister responsible, actions leading to the correct implementation of these decisions; .
b) to assess the annual and multiannual activity plans and programs and their respective
implementation reports;
c) to propose the setting up or shutting down of IPI structures;
d) to issue opinions on any matters relating to financial or property management that may be
brought before it;
e) to issue an opinion on the approval of the internal regulations of the IPI;
f) to issue opinions on other matters inherent in the running of the IPI.
Article 10
Operation of the Governing Board
The Governing Board shall meet in ordinary session once a month and in extraordinary session
whenever it is convened by the DirectorGeneral.
Section III
Supervisory Board
Article 11
Composition
1. The Supervisory Board shall consist of three members – the chair and two voting members –
appointed for a term of three years, through a joint order of the Minister for Industry and Trade
and the Minister for Planning and Finance.
2. When the Supervisory Board is being constituted, the chair and one voting member must be
nominated by the Minister for Industry and Trade and the other member shall be nominated by
the Minister for Planning and Finance.
3. The duties of the members of the Supervisory Board shall be discharged alongside other
responsibilities, without prejudice to the incompatibilities provided for by the law, and shall be
remunerated pursuant to the terms to be laid down in a joint order issued by the Minister for
Industry and Trade and the Minister for Planning and Finance.