The statement of projected income and expenditure and any amending statements voted by the Board of Directors are submitted to the Director General of the Regional Health Agency for approval. If the Director General remains silent for two months, this constitutes approval. The annual accounts are sent to the Director General of the Regional Health Agency once they have been adopted by the Board of Directors.
With the exception of operations relating to the day-to-day management of the funds making up the foundation, the decisions of the Board of Directors relating to the disposal of movable and immovable property making up the endowment are valid only if the Director General of the Regional Health Agency does not object within a period of one month. The same applies to decisions taken by the Board concerning the creation of mortgages or loans.
Acceptance of gifts and bequests by the Board of Directors takes effect under the conditions set out inarticle 910 of the Civil Code.