National Council (Monaco)
The National Council is the parliament of the Principality of Monaco. The body is composed of twenty-four members, who are elected from lists by universal suffrage. Councillors serve for five-year terms, and though it may act independently of the Prince, he may dissolve it at any time, provided that new elections be held within three months.
The Council meets at least twice per year to vote on the country's budget and bills proposed by the prince's government. Ordinances are debated in the Council of Government, and once approved, must be submitted to the prince within eighty days for his signature, which makes them legally enforceable. If he does not express opposition within ten days of submission, they become valid. The current president of the national council is Stéphane Valeri.
