Audit Court shall submit an annual report on its business, with its views, to both the Government and the Council of Deputies. Article 117 a. Any commitment to exploit a natural resource or a public utility shall be only by operation of law and for a limited time. The preliminary procedures shall ensure that the search and exploration work are facilitated and that openness and competition are realized. b. No monopoly may be granted except by law and for a limited period. Article 118 Currency and banking as well as weights, measures and standards are regulated by law. Article 119 The law shall regulate emoluments, pensions, compensation, relief and remuneration being a charge on the State Treasury. Chapter VI General and Final Provisions Article 120 (Amended) a. Exception to paragraphs (b, c and d) of Article (35) of the present Constitution, for any provision of the present Constitution to be amended the amendment must be approved by two thirds majority of each Council members of the Consultative Council and the Council of Deputies, and the amendment must be ratified by the King. If any of the two Councils disapproves the amendment or the proposed text; the National Assembly 45