The Management Board is a collegial body that manages the day-to-day operations of the Institution. The functions, rights and duties of the Chairman and members of the Management Board are determined by the Law, other regulatory legal acts, the Institution's Charters, as well as by employment contracts. Labor contracts must contain the rights, obligations, responsibilities of the parties and other significant conditions, as well as the obligation of the members of the Management Board to comply with the provisions of the Corporate Administration Code of the Institution. Members of the Management Board must exercise their rights and perform their duties in good faith, using the methods most reflecting the interests of the Institution and the Sole Shareholder. The members of the Management Board are not entitled to use or allow the use of the Institution's assets in contradiction with the current legislation of the Republic of Kazakhstan, the Institution's Charter, decisions of the Sole Shareholder and the Board of Directors. Members of the Management Board control the disclosure and provision of information on the activities of the Institution in accordance with the requirements of the legislation of the Republic of Kazakhstan, are obliged not to disclose any information known to them constituting commercial and official secrets that will be entrusted to them or become known in the course of work.