Section 8: Powers of the Board.

The Board shall have power to -(a) formulate the general policies and guidelines relating to the functions of the Agency;
(b) supervise the management of the affairs of the Agency;
(c) subject to the provisions of this Act, make or alter rules and regulations for carrying out the functions of the Agency; and
(d) formulate policy guidelines which, in the opinion of the Board, are necessary to ensure the efficient performance of the functions of the Agency.