(1) Subject to subsection (3), the Board shall —
(a) co-ordinate the administration and operation of the Citizenship by Investment Programme in an efficient manner;
(b) monitor the process of an application by an applicant;
(c) review reports of the Unit;
(d) make recommendations to the Minister on the development of the Citizenship by Investment Programme;
(e) establish and determine the functions or duties of the Unit;
(f) issue guidelines within its jurisdiction under this Act;
(g) carry out such other functions incidental to the proper discharge of the functions under paragraphs (a) to (f).
(2) The Board shall consider and advise upon all matters which may from time to time be referred to it by the Minister and shall furnish to the Minister information he or she may reasonably require relating to the administration of this Act.
(3) Subject to this Act, the Board may, for the purpose of exercising or discharging any functions under this Act, do anything and enter into any transaction which in the opinion of the Board, is reasonably necessary to ensure the proper exercise or discharge of its functions.