Schedule (Section 11(5))
Administration of Council
Part I – The Board of Council
1.Tenure of office of member and vacancy(1)A member shall hold office for a term of three years and may be re-appointed for one further term of three years.(2)A member shall, on the expiration of the period for which the member is appointed, continue to hold office until a successor is appointed, but in no case shall the further period exceed four months.(3)A member may resign on giving one month’s notice, in writing, to the Minister.(4)The office of a member becomes vacant if the member—(b)is absent, without reasonable excuse, from three consecutive meetings of the Board of which the member had notice;(d)is convicted of an offence under this Act or any other written law and sentenced to imprisonment for a period exceeding six months without the option of a fine within a period of five years preceding the appointment;(e)is removed by the Minister for good cause on the following grounds:(i)the member acts dishonourably, improperly, fraudulently, dishonestly or disorderly; or(ii)the institution which the member represents withdraws its support of the member as its representative and informs the Minister accordingly; or(f)becomes legally disqualified from performing the functions of a member.(5)The Minister shall, wherever the office of a member becomes vacant before the expiry of the term of office, appoint another person in place of that member but that person shall hold office as a member only for the unexpired part of the term of the Board.2.Proceedings of Board(1)Subject to the other provisions of this Act, the Board may regulate its own procedure.(2)The Board shall meet for the transaction of business at least once in every three months at a place and time that the Board may determine.(3)The Chairperson may call a meeting of the Board on giving notice of not less than fourteen days, and shall be called if one-third of the members so request, in writing, except that if the urgency of a particular matter does not permit the giving of that notice, a special meeting may be called on giving a shorter notice.(4)Seven members shall constitute a quorum of a meeting of the Board.(5)There shall preside at a meeting of the Board—(b)in the absence of the Chairperson, the vice-Chairperson; or(c)in the absence of the Chairperson and Vice-Chairperson, another member that the members present may elect for the purpose of that meeting.(6)A decision of the Board on any question shall be by a majority of the members present and voting at the meeting and in the event of an equality of votes, the person presiding at the meeting shall have, in addition to a deliberative vote, a casting vote.(7)The Board may invite a person whose presence is in its opinion, desirable to attend and participate in the deliberations of a meeting of the Board, but that person shall have no vote.(8)The validity of any proceedings, act or decision of the Board shall not be affected by any vacancy in the membership of the Board or any defect in the appointment of any member or by reason that any person not entitled to do so, took part in the proceedings.(9)The Board shall cause minutes to be kept of the proceedings of every meeting of the Board and any committee established by the Board.3.AllowancesA member of the Board or a committee of the Board shall be paid allowances that the Minister may determine with the approval of the Emoluments Commission.4.Committees of Board(1)The Board may, for purposes of performing its functions, establish committees that it considers necessary and delegate to any of those committees any of its functions or the functions of the Council.(2)The Board may appoint as members of a committee persons who are not members of the Board, except that at least one member of the Board shall be a member of a committee.(3)Despite the generality of subparagraphs (1) and (2), the Board may appoint special committees, composed of some members of the Board and persons representing relevant regulatory agencies, to carry out functions under this Act or perform such other regulatory functions that require collaborative effort with other regulatory agencies.(4)A person serving as a member of a committee shall hold office for a period that the Board may determine.(5)Subject to any specific or general direction of the Board, a committee may regulate its own procedure.5.Disclosure of interest(1)A person who is present at a meeting of the Board or a committee of the Board at which any matter is the subject of consideration, and in which matter that person or that person’s relative or associate is directly or indirectly interested in a private capacity shall, as soon as is practicable after the commencement of the meeting, declare that interest and shall not, unless the Board or the committee otherwise directs, take part in any consideration or discussion of, or vote on, any question relating to, that matter.(2)A disclosure of interest made under subparagraph (1) shall be recorded in the minutes of the meeting at which it is made.(3)A person who contravenes subparagraph (1) commits an offence and is liable, on conviction, to a fine not exceeding two hundred thousand penalty units or imprisonment for a term not exceeding two years, or to both.(4)For the purposes of this paragraph—"associate" has the meaning assigned to the word in the Anti-Corruption Act, 2012; and"relative" has the meaning assigned to the word in the Anti-Corruption Act, 2012.6.Prohibition of publication or disclosure of information to unauthorised persons(1)A person shall not, without the consent, in writing, given by or on behalf of the Council, publish or disclose to an unauthorised person, otherwise than in the course of that person’s duties, the contents of a document, communication or information which relates to, or which has come to the knowledge of that person in the course of that person’s duties under this Act.(2)A person who contravenes subparagraph (1) commits an offence and is liable, on conviction, to a fine not exceeding two hundred thousand penalty units or to imprisonment for a term not exceeding two years, or to both.(3)A person who, having any information which to the knowledge of that person has been published or disclosed in contravention of subparagraph (1), unlawfully publishes or communicates the information to another person commits an offence and is liable, on conviction, to a fine not exceeding two hundred thousand penalty units or to imprisonment for a term not exceeding two years, or to both.7.ImmunityAn action or other proceeding shall not lie or be instituted against a member of the Board, committee of the Board or a member of staff of the Council for, or in respect of, an act or thing done or omitted to be done in good faith in the exercise or performance of any of the powers conferred under this Act.Part II – Financial provisions
8.Financial provisions(1)The funds of the Council consist of moneys that may—(a)be appropriated to the Council by Parliament for the purposes of the Council;(b)be paid to the Council by way of fees, charges, grants or donations; and(c)otherwise vest in or accrue to the Council.(2)The Council may—(a)accept moneys by way of grants, gifts, bequests or donations from any source in the Republic and subject to the prior approval of the Minister, in writing, from any source outside the Republic;(b)subject to the approval of the Minister, raise by way of loans or otherwise, moneys that it may require for the performance of its functions; and(c)in accordance with the Regulations made under this Act, charge fees for services provided by the Council.(3)There shall be paid from the funds of the Council—(a)salaries, allowances, loans, gratuities and pensions of staff of the Council, and other payments for the recruitment and retention of staff;(b)reasonable travelling and subsistence allowances for members, of the commissions or any committee of the Council, when engaged on the business of the Council at such rates that the Emoluments Commission may determine; and(c)any other expenses incurred by the Council in the performance of its functions.(4)The Council may, after the approval of the Minister, invest in a manner that the Council thinks fit funds that it does not immediately require for the performance of its functions.9.Financial yearThe financial year of the Council shall be a period of twelve months ending on 31st December of each year.10.Accounts(1)The Council shall cause to be kept proper books of accounts and other records relating to its accounts.(2)The accounts of the Council shall be audited annually by an external auditor appointed by the Auditor-General.(3)The external auditor’s fees shall be paid by the Council.11.Annual report(1)As soon as practicable, but not later than ninety days after the end of the financial year, the Council shall submit to the Minister a report concerning its activities during the financial year.(2)The report referred to in subsection (1) shall include information on the financial affairs of the Council and there shall be appended to the report—(a)an audited statement of financial position;(b)an audited statement of comprehensive income; and(c)such other information as the President may require.(3)The Minister responsible for finance shall cause to be prepared an annual statement of the income and expenditure of the Council to be laid before the National Assembly.