Section 47 Supervision 1. Without prejudice to its organic and functional independence, ARCOM is subject, under the terms as established by the present Statutes, to supervision by the Minister of Transport, Communications and Public Works and, where this is the case, by the Minister of Planning and Finance, under the terms as established by the present Statutes and other applicable legislation. 2. The following require ministerial approval: (a) Work plan and budget; (b) Progress and accounts report; (c) Other acts as provided by law. 3. Approval is deemed to have been tacitly granted after 60 days. Section 48 Report to the Government and to the National Parliament, and parliamentary hearings 1. ARCOM shall submit to the Government and to the National Parliament an annual report on its regulation activities. 2. The President of the Board of Directors shall comply, whenever asked to do so, with hearing requests made by the competent Committee of the National Parliament for him or her to provide information or clarifications on his or her activities. Section 49 Legal liability Incumbents of ARCOM organs and its employees and agents shall be civilly, criminally, disciplinarily and financially liable for acts or omissions committed while conducting business, under the terms of the Constitution and all other applicable laws. Section 50 Judicial control 1. The activity of an administrative nature by ARCOM organs and agents shall be subject to administrative jurisdiction, under the terms of the relevant legislation. 2. Penalties for offences may be challenged in a court of law, under the general terms. 3. Decisions handed down within the scope of dispute settlement may be appealed against to a court of law or court of arbitration, under the terms as established by law.