Article 27. TIFC Authority

1. The TIFC Authority shall be the principal executive and administrative body of the TIFC and shall have primary responsibility for the promotion, development, operation, and ongoing maintenance of the TIFC.

2. The TIFC Authority shall be a legal entity established by this Constitutional Law with the capacity, rights, powers and obligations necessary to perform its functions and shall have the financial, administrative and operational autonomy required to perform its duties and functions.

3. Except for responsibilities expressly reserved by this Constitutional Law to the TFSA, the TICC, or other TIFC Bodies established by the Board, the TIFC Authority shall be responsible for all matters relating to the administration, management, and implementation of the TIFC.

4. The TIFC Authority shall exercise the powers and perform the duties conferred upon it by this Constitutional Law, by TIFC Acts of the Board, and by its Charter and Bylaws, which shall be subject to approval by the Board.

5. The TIFC Authority shall have an Executive Director who shall act in accordance with the Charter and Bylaws of the TIFC Authority.

6. The TIFC Authority shall have, among other duties prescribed by this Constitutional Law and TIFC Acts, the duties and powers to:

1) participate in preparing and implementing the strategy, general policies, and plans of the TIFC with a view to achieving the objectives of the TIFC;

2) follow up compliance by TIFC Bodies and TIFC Participants, as the case may be, with all international treaties and conventions to which Uzbekistan is a party;

3) liaise with Government agencies of the Republic of Uzbekistan in the matters affecting the TIFC, in coordination with the Governor and other TIFC Bodies, where necessary;

4) build and supervise the operation, management, and maintenance of the infrastructure in the TIFC; provide administrative and technical services in the TIFC; and provide any other services and meet any other requirements as necessary for achievement of the objectives of the TIFC in an efficient and effective manner; and

5) establish, promote, or support an academy or similar institution, including in collaboration with international educational institutions and universities, for the development of talent.

7. In the exercise of its functions, the TIFC Authority shall act in accordance with this Constitutional Law and with strategic, policy, and coordination directions issued by the Governor and Board.