(2) The Fiscal and Financial Allocation and Monitoring Commission shall undertake the following duties and responsibilities:(a) monitor and ensure that equalization grants from the National Revenue Fund are promptly transferred to respective levels of government, (b) guarantee appropriate utilization and sharing of financial resources, (c) ensure that revenues allocated to conflict affected areas are transferred in accordance with agreed formulae, (d) safeguard transparency and fairness in the allocation of funds to the Government of Southern Sudan and the states according to established ratios or percentages stipulated in this Constitution. (3) The Fiscal and Financial Allocation and Monitoring Commission shall be composed of representatives from the National Government and the Government of Southern Sudan and the states as follows:(a) three representatives of the national government, (b) three representatives of Government of Southern Sudan, (c) all finance ministers in all states of the Sudan. (4) The Chairperson of the Fiscal and Financial Allocation and Monitoring Commission shall be appointed by the President of the Republic with the consent of the First Vice President. (5) The Fiscal and Financial Allocation and Monitoring Commission shall set its rules and procedures, which shall be approved by the Presidency. (6) The Fiscal and Financial Allocation and Monitoring Commission shall quarterly report to the Presidency about its analysis and findings, confirming that nationally collected funds are allocated according to sub-Article (2) above; without prejudice to Article 185 (10) of this Constitution, the Presidency shall take appropriate remedial action in case of failure by the National Treasury to discharge any of the functions stipulated in that Article. 85