Enap is subject to the financial, accounting, administrative and disciplinary control of the Office of the Comptroller General of the Republic. Regarding its budgetary and financial regime, Enap is governed by the provisions of Article 11 of Law No. 18,196, enacted on December 27, 1982.
Additionally, Enap is subject to the provisions of articles 29 and 44, letter a) of Decree Law No. 1,263 of 1975 - enacted on November 21, 1975 - on State Financial Administration apply to Enap, referring to the powers of the Ministry of Finance to order profit transfers and advances thereof and the requirement of obtaining prior authorization from the Ministry to commit public credit, through direct indebtedness, guarantees and other modalities, respectively.
In accordance with the provisions of Article 3 of Decree Law No.1056 of 1975, enacted on June 5, 1975, Enap may only make capital contributions to companies or enterprises, make deposits or acquire instruments on the capital market, with the prior authorization of the Ministry of Finance.
Enap is registered in the Securities Registry of the Commission for the Financial Market ( former Superintendency of Securities and Insurance), under number 783, and subject to the control and oversight of this entity. In view of the foregoing, the regulations of Law No. 18,045 on the Securities Market, enacted on October 21, 1981, and Law 21,000, which creates the Commission for the Financial Market, are applicable, as appropriate.
In accordance with the provisions of its Organic Law, the relations between Enap and its workers are regulated by the Labor Code.