constituteproject.org PDF generated: 18 Apr 2016, 16:56 Article 115   1.   2. • Earnings disclosure requirement Fiscal control is a public function that the Tribunal of Accounts of the Republic will exercise, which sees for the transparency of the fiscal management of the Administration and of the individuals of entities that handle funds or assets of the Nation. Such control will be exercised with subsequent selectiveness in accordance with the procedures, systems, and principles that the law establishes. The Accounts’ Tribunal is an entity of technical character with administrative and budgetary autonomy. It has no administrative functions distinct from those inherent in its own organization. Article 116 All the notable officers of the State, the salaried public persons and para-public persons must make a declaration of their patrimonial assets before exercising the functions for which they are appointed. Article 117   1.   2. The President and the members of the Accounts’ Tribunal will be appointed by the President of the Republic. The law establishes the number, duration of the mandate and the conditions of appointment of the President and the Members of the Accounts’ Tribunal. Article 118 The Accounts’ Tribunal shall have the following attributions:   a. To prescribe the methods and the form of accountability of those responsible for the handling of funds or assets of the Nation and to establish the criteria of financial, operative and results evaluations that must be the object of permanent monitoring.   b. To review and to control the accounts that those responsible of the public treasury and to determine the grade of efficacy and efficiency shown by their conduct.   c. To keep a register of the public debt of the Nation and of the local entities.   d. To require reports concerning fiscal management from public employees of any order and from any person or public or private entity that administers funds or assets of the Nation.   e. Equatorial Guinea 1991 (rev. 2012) To establish the responsibility derived from fiscal management, propose the corresponding pecuniary sanctions and exercise the coactive jurisdiction regarding the deduced extent of them. Page 32