SCHEDULE 2Constitution etc. of the Risk Management Authority
4
F11
Subject to any order under subsection (1) of section 11 of this Act, the Authority may—
a
make provision for the appointment and constitution of committees and sub-committees;
b
make provision for the exercise of any of its functions by any of its committees, sub-committees, members or employees; and
c
regulate its own procedure and the procedure of—
i
any of its committees or sub-committees (including any such committee as is mentioned in paragraph (a) or (b) of subsection (1A) of that section); or
ii
any member or employee to whom a function has been delegated under head (b) above.
1A
Delegation under sub-paragraph (1)(b) is to be without prejudice to the power of the Authority itself to exercise the function in question.
1B
Without prejudice to the generality of head (c) of sub-paragraph (1), regulation under that head may include provision as to any quorum.
2
The validity of any proceedings of the Authority F2 or of any of its committees or sub-committees or of any of its members by whom functions are exercised by virtue of sub-paragraph (1)(b) is not affected by any vacancy in membership nor any defect in the appointment of a member.