6 Article : 7 The Authority shall have an independent budget to be prepared according to the rules of preparing the budgets of the economic authorities. The Authority’s fiscal year shall begin with the start of the state’s fiscal year and end with it. The Authority shall have a special account with the Central Bank of Egypt in which its resources are deposited. An account may be opened for the Authority with one of the banks after the Finance Minister’s approval. The surplus in the Authority’s budget shall be carried forward from one year to another, and a portion of the surplus may devolve to the public treasury of the state, by virtue of a decree of the Prime Minister, upon a proposition of the concerned minister and after consultation with the Minister of Finance. Article : 8 The management of the Authority shall be assumed by a board to be formed by decree of the Prime Minister under the chairmanship of the concerned minister with the membership of each of: a) The Authority’s chief executive officer; b) A counselor from the state council to be elected by the head of the state council; c) A representative of the Ministry of Defense to be elected by the Minister of Defense; d) A representative of the Ministry of Interior to be elected by the Minister of Interior; e) A representative of the Ministry of Finance to be elected by the Minister of Finance; f) A representative of the Republic Presidency Agency to be elected by the head of the presidential cabinet; g) A representative of the General Intelligence Agency (GIA) to be elected by the head of (GIA);