(1) The functions of the Board are -
(a) to prepare and submit to the Minister, in accordance with section 42, a plan for the disbursement of moneys under Part 6,
(b) to review and assess from time to time -
(i) the extent to which the objectives specified in the plan have been achieved,
(ii) the effectiveness of the strategies specified in the plan, and
(iii) the pattern and effect of disbursements under Part 6, including whether they have resulted in activities that, but for those disbursements, might not have been undertaken,
(c) to make reports to the Minister under section 45(3).
(2) The Board has all the powers that are necessary for or incidental to the performance of its functions under this Act.
(3) Subject to this Act, the Board shall be independent in the performance of its functions.