The National Bank is managed by a board of administrators composed of the Governor and six Directors. Supervision is carried out by the College van Censoren, a Discontocomité and a Government Commissioner. Furthermore, the General Council (e.g. distribution of dividends and profits) and the General Assembly (e.g. election of directors and censoren, reception of the balance and the report of the Governor) also play a key role. The institution is also exclusively authorised to issue banknotes, and it controls the mode and volume of banknote circulation. Since its creation the National Bank holds the function of state treasurer (Rijkskassier).