The organisation and operation of the Water Fund are detailed in Royal Decree 1460/2009, on the organisation and operation of the Cooperation Fund for Water and Sanitation, approved on 29 September 2009. According to this Royal Decree, the Fund has two bodies of its own: the Executive Committee and the Advisory Council. Royal Decree 1424/2012 modified certain aspects relating to the Advisory Council, establishing that its chairmanship would be assumed by the Secretary of State for International Cooperation.