Section 36 Convening of meetings 1. Meetings of ARCOM organs shall be convened by their respective President by addressing a convening notice to each of its members, without prejudice to the provision of the subsection below. 2. Meetings taking place at a pre-set venue, date and time, including meetings the holding of which has been decided at a previous meeting, in the presence or with the knowledge of all members of the convened organ and with the indication of its venue, date and time, shall be deemed to have been validly convened. CHAPTER IV Financial and property management Section 37 Financial management tools ARCOM’s financial management is disciplined by the forward management tools, reports and financial statements provided for in the general law applicable to public bodies vested with financial and administrative autonomy. Section 38 Financial control and accountability 1. ARCOM’s financial activity is subject to control exercised by the Monitoring Committee, directly or through the conduction of audits commissioned from independent entities, as well as through all other control systems as provided by law. 2. ARCOM’s accounts shall be submitted to the High Administrative, Tax and Audit Court, for judgement. Section 39 Property ARCOM’s property is comprised of the universality of assets, rights and guarantees acquired in the fulfilment of its responsibilities and of those conferred by law. Section 40 Revenues ARCOM’s revenues comprise: (a) Fees and other revenues levied within the scope of the management of the electromagnetic spectrum and of the national numbering plan;

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