The FIA General Assembly is the Federation's supreme governing body, consisting of representatives from each of the FIA's member associations. Meetings of the General Assembly are usually held once a year, though extraordinary meetings can be convened for urgent matters. The General Assembly has responsibility for amending the FIA's statutes and regulations, approving the annual budget and reports, deciding upon the membership, and electing the officers and members to the Federation's governing bodies. The FIA Senate overseas the finances and management of the FIA, and can take decisions required between meetings of the relevant committee or World Council.