President of the Republic
Pursuant to Law /326/ of 1947; to the draft of Ministry of Finance (MOF) personnel approved by the parliamentary personnel committee formed according to the Parliament resolution, issued in January 14th 1947; and to the Cabinet resolution /389/ of June 14th 1947, Issues the following:

Section One
MOF Mission & Authorities
Chapter 1: General Provisions

Article 1:
MOF handles the following tasks:
1. Preparing estimative and actual public budgets
2. Auditing the attached and independent budgets prior to present to the relevant authorities to approve them, and monitoring paying them
3. Preparing drafts of financial laws and regulations
4. Managing, monitoring and ensuring to collect the public resources
5. Clearing MOF expenditures and public debt and having them paid, while maintaining the authorities of minor clearing officers and expense officers
6. Auditing all expenditure documents related to public spending and paying them
7. Monitoring Treasury boxes and accountants, auditing their accounts and support documents (collecting & paying), and submitting them to the accounting divan.
8. Combining revenues and general expenditures and holding their accounts.
9. Clearing and allocating the staff pension rights.
10. Managing the public funds movement, Treasury processes, public debt, cash and exchange, issuing and performing the lending and borrowing deeds.
11.  Monitoring the issuing institutions, financial windows and banks.
12. Studying Customs issues.
13. Inspecting the bodies and institutions having financial privilege.
14. Inspecting and investigating the financial issues of public bodies and institutions.
15. Studying all issues resulting in treasury cases (or against it), and defending the treasury and public bodies rights before others, and following up executing all sentences issued in favor of Treasury.
16. In general, practicing all authorities entrusted to MOF according to laws & regulations.

Article 2:
The Minister of finance, taking into account the Ministry personnel jurisdictions and authorities under valid laws, will practice all authorities and powers related to MOF, and will be the highest authority in guidance and policy affairs, supervising, monitoring and executing all works according to the laws & regulations provisions.

Article 3:
The MOF secretary-general supports the Minister of finance in all MOF works, and heads all its administrative units. He shall be technically and administratively responsible to the Minister as regards works processes, directly control administrations works under laws and regulations, sign on transactions but those which related to guiding and organizing affairs or which require basic decisions, as he will ticks before Minister signs them. The Minister could entrust him to sign on all or some of these transactions.

Article 4:
In the Central Administration, an Advisory Council of MOF shall be formed. It shall study basic projects of public resources and financial organization and affairs; investigate and make decision on the proposals of the Cases Department about initiating/stopping lawsuits when the Treasury interest require to solve it by settlement or arbitration; decide on the partial/full exemption requests submitted by staff or accountants against who a decision of amercement was issued, revising the amercement sentences issued by Minister or accounting divan if a penal sentence was issued containing the official innocence or non-responsibility and the Council decides about the partial or full exemption of fines imposed on the relevant official.

Article 5:
The Advisory Council consists of:
- Secretary-general       president
- The director of financial inspection   member
- The director of Cases     member
- The director of financial control and budget  member
- The director of public resources    member
- The director of individuals affairs and necessaries member
- The director of financial lessons    member
- The head of Ministry divan     rapporteur

Article 6:
The Minister could chair the Advisory Council at any time, this council meets by a call from the Minister or the Secretary-general.
The council could ask for the consultation of specialists on important issues it considers that it is appropriate to explore their opinion. The Minister could also create special committees of specialists to make opinion on directing the financial policy, and in both cases, the specialists fees are paid from the funds entitled (Issues) in the budget.

Article 7:
The MOF consists of:
1. The financial inspection body.
2. Central Administration.
3. The departments of finance in the governorates.
4. The general administration accountants.