(1) The Supervisory Authority may delegate some or all of the functions under sections 933 to 934I, 935 and 936B and Chapter 9 of Part 27 to a committee established for that purpose and consisting of persons from one or more of the following categories of persons:
(a) persons who are, at the time the committee is established, directors of the Authority;
(b) other persons that the Authority considers appropriate.
(2) Where functions under a provision referred to in subsection (1) are delegated to a committee, any references in that provision to the Supervisory Authority shall be read as references to that committee.
(3) Subject to the regulations made under section 938(4), a committee may regulate its own procedure.
(3A) The Supervisory Authority may delegate some or all of the functions under sections 933 to 934I, 935 and 936B and Chapter 9 of Part 27 to any of its officers or employees or any other person duly authorised by it in that behalf.
(4) The Supervisory Authority may, if it r
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