A text of the authorities and responsibilities of the Iraqi Governing Council that held its inaugural meeting Sunday, according to a document released by the U.S.-led Coalition Provisional Authority: ...
It will exercise specific powers in addition to representing the interests of the Iraqi people to the Coalition Provisional Authority and the international community. ...
The coalition will be required to consult with the Governing Council on all major decisions and questions of policy. ...
The Council, with the coalition and with the involvement of the International Monetary Fund, World Bank and the United Nations Development Program, will play a full part in drawing up the 2004 national budget.
Operational security matters will remain the responsibility of the coalition during the period of transition.
Consitutional Process: The Governing Council shall consider appointing a Preparatory Constitutional Commission ....
Once adopted, the constitution would pave the way for national elections ...
Not a word about revenues, though, in the Finance section or anywhere. I guess that means the coalition gets the oil money for the forseeable future?