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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 October 2010 - onwards
  Version 3 of 3    

18B. Functions of Central Bank Commission.

(1) Except as expressly provided otherwise by this Act, the affairs and activities of the Bank shall be managed and controlled by the Central Bank Commission.

(2) The Commission shall ensure that the Bank's central banking functions and financial regulation functions areintegrated and coordinated.

(3) Without prejudice to section 19A, the Commission shall ensure that the powers and functions conferred on the Bank by sections 5A, 5B and 5C are properly exercised and discharged.

(4) The performance and exercise of the functions and powers of the Commission are not affected by there being one or more vacancies in the membership of the Commission.

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