(1) The Supervisory Authority may delegate some or all of its functions and powers under section 23 to 26 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 or powers under a provision referred to in subsection (1) are delegated to a committee, any references in that provision to the Supervisory Authority are to be construed as references to that committee.
(3) Subject to the regulations made under section 28 (4), a committee may regulate its own procedure.
(4) The Supervisory Authority may, if it reasonably considers it appropriate to do so, perform any of its other functions or exercise any of its other powers through or by any of its officers or employees or any other person duly authorised by it in that behalf, including the determi