PERMS ADMIN authority is the permission to manage data permissions, groups, authorities, and passwords.
Grant or revoke the SELECT, INSERT, UPDATE, DELETE, ALTER, or REFERENCES permissions on any applicable user object (such as a table, view, or column).
Grant or revoke EXECUTE permission on any applicable user object (such as a procedure or function).
Create and drop groups and grant or revoke group membership.
Grant or revoke all existing and new authorities except DBA and REMOTE DBA.
Change the password of any account.
Only users with DBA or PERMS ADMIN authority may grant PERMS ADMIN authority to other users.