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1.—(1) Subject to sub-paragraph (2), the Board may authorise—
(a)any executive member of the Board,
(b)any other member of its staff, or
(c)any of its committees or sub-committees (other than the committee established under section 112 of the Pensions Act 2004 (c. 35) or any of its sub-committees),
to exercise on behalf of the Board, such of its functions, in such circumstances, as the Board may determine.
(2) Sub-paragraph (1) does not apply to the non-executive functions of the Board (which must, by virtue of section 112(2) of the Pensions Act 2004, be discharged by the committee established under that section).
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