10.1(1)The Chair of the Board may designate at least three members of the Board in accordance with the regulations to constitute a panel of the Board.

10.1(2)The Chair may designate a person assigned to a panel as Chair of the panel.

10.1(3)A panel so constituted has the powers and functions of the Board under legislation relating to the consideration of applications for financial assistance.

10.1(4)A panel constituted under subsection (1) constitutes a quorum.

10.1(5)A recommendation of a panel shall be deemed to be a recommendation of the Board.