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Committees of Board.
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61.—(1) The Board may establish committees consisting in whole or in part of persons who are members of the Board—
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(a) to assist and advise the Board on matters relating to any of its functions or on such matters as the Board may from time to time determine, or
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(b) to perform such functions of the Board as may be delegated by it from time to time.
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(2) The Board, when appointing a member of a committee, shall—
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(a) have regard to the range of qualifications and experience necessary for the proper and effective discharge of the functions of the committee,
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(b) have regard to the desirability of such balance between the numbers of each sex on the committee as is appropriate and determined from time to time,
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(c) fix the member's period of membership,
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(d) fix the terms of his or her membership.
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(3) The members of a committee may be paid by the Board such fees as the Board may determine, subject to the consent of the Minister and the Minister for Finance.
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