Section 5: General administration

(1) The Central Bank shall be charged generally with the responsibility of the administration of the provisions of this Act.
(2) For the purposes of assisting the Central Bank in the discharge of its functions under this Act, there shall be established by the Minister, a Technical Committee comprising a representative of the Central Bank as chairman thereof and a representative of each of the following, that is-
(a) the Federal Ministry of Finance;
(b) the Federal Ministry of Industry ;
(c) the Federal Ministry of commerce ; and
(d) the Board of Customs and Excise.