The chairman shall be the Commission’s Chief Executive and Chief Financial Officer. He shall be responsible for implementing the Commission’s policy and the management of its affairs. As such , he shall assume the following:

• Implementing the decisions adopted by the Board
• Signing contracts as authorized by the Board 
• Signing, solely or jointly with others, the reports, accounting data, financial statements, correspondence, and documents of the Commission.
   

The Deputy Chairman shall perform the duties and functions assigned to him by the Chairman and shall exercise the powers of the Chairman in his absence or if his past becomes vacant.

The Commissioners shall undertake the duties and functions assigned thereto by the Chairman.

The Chairman may delegate any of his powers stipulated in this Law to any Commissioner. He may also delegate any of his powers to any employee of the Commission, provided the delegation is in writing and specific.