Part II Monetary Policy
Monetary Policy Committee of the Bank
16 Functions of court of directors.
1
The court of directors of the Bank shall keep the procedures followed by the Monetary Policy Committee under review.
2
In particular, the court’s function under subsection (1) shall include determining whether the Committee has collected the regional, sectoral and other information necessary for the purposes of formulating monetary policy.
3
The court’s function under subsection (1) shall stand delegated to the sub-committee constituted by section 3.