SiÅs is subject to the law of «studentsamskipnader» of 28th June 1996. «Studentsamskipnader» are independent institutions governed by the Ministry of Church Affairs, Education and Research.
SiÅs' highest authority is the general board, which has a student majority. There are also representatives from UMB and SiÅs employees.
The Norwegian Stocks and Shares law takes effect where SiÅs' economic operations are concerned.