Trade Loans (Guarantee) Act, 1939

Advisory committees.

6.—(1) The Minister may, with the concurrence of the Minister for Finance, appoint, as and when he thinks fit, such and so many committees (in this Act referred to as advisory committees) as he shall think proper to be advisory committees for the purposes of this Act.

(2) The following provisions shall apply and have effect in relation to the appointment of advisory committees, that is to say:—

(a) different such committees may be appointed for the purposes of different sections of this Act and in respect of different matters under any such section or for different occasions;

(b) every such committee shall consist of such and so many persons as shall from time to time be appointed under this section to be members thereof;

(c) every member of an advisory committee shall, unless he sooner resigns or dies, hold office as such member for such time as is specified in that behalf when he is appointed or, if no time is so specified, until he is removed by the Minister with the concurrence of the Minister for Finance.

(3) It shall be the duty of the Minister, before granting or guaranteeing any loan under this Act, to consult with the appropriate advisory committee in relation to the grant or the guarantee thereof.