The Chairman of the Authority shall exercise the duties assigned to him in accordance with the provisions of this Law by Decree, and in particular shall have the following duties and powers:

1. Prepare the Authority draft annual budget and submit it to the President of the State for approval and supervision of its implementation.

2. Prepare the final account of the Authority and submitting it to the President of the State for approval.

3. Approve the Authority annual strategy and plan and supervising its implementation.

4. Approve the detailed internal structure of the Authority organisational structure.

5. Submit the Authority report related to the Audit of the consolidated annual financial statements to the Ministry of Finance and a copy to the President of the State and the Prime Minister.

6. Submit reports on the Authority work and on the important results and fundamental observations that resulted from the Authority Control work, and other reports as needed to the President of the State.

7. Investigate employees of Regulated Entities and those assigned to public service who violate the provisions of this Law by Decree, without prejudice to the provisions of Federal Law by Decree No. (24) of 2021 concerning accountability of ministers and senior employees of the Federation.

8. Issue internal technical, financial and administrative Regulations and Regulations, Human Resources Regulations and decisions that regulate the work of the Authority and the affairs of its employees.

9. Issue the necessary decisions concerning Regulations, Regulations, standards, rules and methodologies related to exercising the authority powers.

10. Approve the Authority financial statements.

11. Appoint the Authority Auditor.

12. Represent the Authority before courts and the third parties.

13. Grant any of the powers stipulated in this Law by Decree to any employee of the Authority or anyone assigned to do any of the Authority work by a decision of the Chairman of the Authority.

14. Any other powers or tasks assigned to him by the President of the State.

15. The Chairman of the Authority may delegate some of his powers to any of the Authority senior employees.