Section 21: Delegation of Power

1) The Promotion Board may delegate any or all of its powers under this Act, Rules, or Bye-laws made thereunder to any of its members or the Accreditation Committee, as may be required.

2) The Accreditation Committee may delegate any or all of its powers under this Act, Rules, or Bye-laws made thereunder to any of its members, a subcommittee or an employee of officer rank, as may be required.

Provided that the Accreditation Committee shall not be entitled to delegate its power of issuing a license for carrying out international financial transactions or of revoking or suspending it.