(1) The Board may establish committees to assist it in performing its functions and may appoint any person as a committee member, whether or not the person is a member of the Board.
(2) At least one member of each committee must be a member of the Board.
(3) Subject to the Regulations, the Board may determine the functions and procedures of a committee and the period of appointment of its members.
(4) A member of a committee is not entitled to be paid any fees or allowances on account of being a member.
(5) The Board may at any time abolish a committee.