§ Article 198(untitled)

Functions and Powers of the Audit Chamber

1. The Audit Chamber shall be an independent state body, which conducts audit, in

the field of public finance and ownership, over the lawfulness and effectiveness of the

use of State Budget and community budgets funds, loans and credits received, as well

as state- and community-owned property. The Audit Chamber shall be entitled to

conduct inspections of legal persons only in the cases prescribed by law.

2. The Audit Chamber shall act on the basis of the action plan approved thereby.

3. The Audit Chamber shall submit to the National Assembly:

 (1) an annual communication on the activities thereof;

 (2) the opinion on the State Budget performance;

 86
 (3) current opinions in the cases prescribed by law.

4. The powers, rules of operation and guarantees for the activities of the Audit

Chamber shall be prescribed by law.