National Asset Management Agency Act 2009
|
Other committees. |
33.— (1) The Board may establish— | |
(a) such advisory committees as it considers necessary or desirable to advise it in the performance of its functions, and | ||
(b) such other committees and sub-committees as it considers necessary or expedient, | ||
and may appoint members to such a committee as it considers necessary. | ||
(2) A committee established under subsection (1) may include persons who are not members of the Board, but a majority of the members of such a committee shall be members of the Board. | ||
(3) A member of a committee established under subsection (1) shall serve on the committee on such terms (including term of office, removal and resignation) as the Board determines. | ||
(4) The Board shall determine the terms of reference and procedures of a committee established under subsection (1). | ||
(5) With the approval of the Minister, NAMA, from its own resources, may remunerate a member of a committee established under subsection (1) who is not a member of the Board. | ||
(6) Sections 27 and 28 apply in relation to a committee established under subsection (1). | ||
(7) Section 30 applies in relation to a member of a committee established under subsection (1) who is not a member of the Board. For the purposes of that application— | ||
(a) references to members of the Board are to be construed as references to members of the committee, | ||
(b) references to the Board are to be construed as references to the committee, and | ||
(c) guidelines made for the purposes of section 30 (7) apply with the modifications set out in paragraphs (a) and (b). |