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Amendment of section 76O of Principal Act (board oversight committee: procedural provisions)
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47. Section 76O of the Principal Act is amended—
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(a) in paragraph (a) of subsection (1), by the substitution of “in every 2 months” for “in every month”,
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(b) in subsection (2), by the substitution of “subsection (1)(b)” for “subsection (1)(a)”, and
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(c) by the substitution of the following subsection for subsection (4):
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“(4) Members of the board oversight committee shall have the right to attend all meetings of—
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(a) the board of directors, and
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(b) a committee acting on behalf of the board of directors under section 56A(1).”.
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