TITLE III

CONDITIONS GOVERNING ACTIVITIES
CHAPTER 1

System of governance
Section 1

General provisions

Responsibility of the management or supervisory body
Article 20
1
Member States shall ensure that the management or supervisory body of an IORP has ultimate responsibility under national law for the compliance, by the IORP concerned, with the laws, regulations and administrative provisions adopted pursuant to this Directive.
2
This Directive is without prejudice to the role of social partners in the management of IORPs.