(1) The powers of the Authority are to —
(a) appoint a committee to assist in effectively and efficiently performing its functions;
(b) determine, after conducting an analysis of the market, whether to place a limit on the number of licenses issued for an activity related to a regulated substance;
(c) request a licensee to have a regulated substance tested at a prescribed laboratory;
(d) inspect the proposed premises on receipt of an application for a licence;
(e) inspect licensed premises;
(f) consult and collaborate with Government agencies as it considers necessary or expedient for the purpose of carrying out its functions;
(g) issue due diligence requirements with respect to an application for a licence;
(h) charge and collect —
(i) a prescribed non-refundable licence fee,
(ii) a prescribed refundable security bond fee,
(iii) prescribed fees for a service provided by the Authority;
(i) waive the requirement for payment of a licence fee or to obtain a licence;
(j) enter into an agreement with a person for a security bond;
(k) do other things as the Authority considers necessary or expedient for the purpose of carrying out its functions.
(2) The members of a committee appointed under subsection (1)(a) —
(a) must include a member of the Board;
(b) may, subject to the approval of the Minister, include persons who are not members of the Board or employees of the Authority.