4 Chapter II Directorate General 19. The Office shall be directed and administered by a Director General appointed by order in Council of Ministers on a proposal by the Minister responsible for industry. 20.—(1) The Director General shall be generally responsible for achieving the aims of the Office in compliance with the directives given by the Administrative Council. He shall be responsible, amongst other things, for: — carrying out the program of activities and executing the decisions of the Administrative Council; — representing the Office in court and with respect to other parties; — organizing the services of the Office and defining their tasks; — preparing and executing the budget of the Office; — drawing up the financial accounts and the report on the technical execution of the program of activities at the end of each period; — drawing up and concluding contracts, conventions and agreements in the name of and on behalf of the Office. (2) The Director General shall also enjoy those powers delegated to him by the Administrative Council. Title III Financial and Accounting Organization 21. The financial year of the Office shall begin on January 1 and shall end on December 31. 22. The Office shall possess an autonomous budget executed by the Director General of the Office, the administration of which shall be subject to the rules of commercial accounting and the applicable general accounting plan. 23. A sliding account of forecast results over three years, an annual account of forecast results, an annual forecast treasury account and the annual forecast of income and expenditure shall be drawn up by the Director General and submitted to the Administrative Council for approval. 24.—(1) The annual account of forecast results, the annual forecast treasury account together with the annual forecast of income and expenditure shall be communicated for approval to the supervisory Ministries one month before the opening of the financial period for which they have been drawn up. (2) These accounts and statements shall be deemed accepted if they have not been approved by December 31 of the current year. 25. The funds of the Office shall be deposited in bank or postal accounts. The Director General shall be responsible for administering such accounts.