(1) The Corporation may appoint a committee of the Corporation to examine and report to it on any matter whatsoever arising out of or connected with any of its powers or functions under this Act.
(2) Any such committee shall consist of at least one member of the Corporation together with such other persons, whether members of the Corporation or not, whose assistance or service the Corporation may desire.
(3) The Corporation may by resolution reject the report of any such committee or adopt it either wholly or partially or with such modification, additions or adaptations as the Corporation may think fit.