15
CurrentCommittees and sub-committees of boards
Schedule 2Provisions relating to the constitution and procedure of board governed development corporations
15 Committees and sub-committees of boards
(1)
The board may establish committees to assist it in the exercise of its functions.
(2)
The board (or a committee of a board referred to in subclause (1) with the approval of the board) may establish sub-committees to assist a committee in the exercise of such of the committee’s functions as are referred to the sub-committee by the board (or by the committee with the approval of the board).
(3)
It does not matter that any or all of the members of a committee or a sub-committee are not members of the board.
(4)
Unless determined otherwise by the board, the procedure of a committee or a sub-committee is to be the same as for the board.
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