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Innosuisse Act (SIAA)

Innosuisse Act (SIAA)

English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.

Art. 24 Strategic objectives

1 The Federal Council shall establish the strategic objectives of Innosuisse within the framework of the objectives and tasks set out in Articles 2 and 3 for a period of four years. 2 It shall also establish the upper threshold for administrative costs.

Art. 25 Supervision

1 The Federal Council supervises Innosuisse, while respecting its professional independence. 2 It shall exercise its supervision in particular through: a. election and dismissal of the members of the Board of Directors and its Chairman; b. approval of issuance and termination of the CEO’s employment contract; c. election and dismissal of the Auditing Body; d. approval of the Funding Ordinance; e. approval of the Ordinance on the Fees and Other Contractual Clauses of the members of the Innovation Council and on the Remuneration of Experts under Article 10 paragraph 2 above; f. approval of the Personnel Ordinance; g. approval of the annual report and decision on the use of any profits; h. annual review of the achievement of strategic objectives; i. discharge of the Board of Directors. 3 It may inspect all Innosuisse business documents and obtain information about its business activities at any time.