The functions of the Board are to—
| (a) | ensure that the Authority complies with this Act and any other applicable law; |
| (b) | ensure that the Authority performs its duties efficiently and effectively; |
| (c) | provide corporate governance for the Authority; |
| (d) | determine and enforce the broad policy framework within which the Authority must pursue its objects and perform its functions; |
| (e) | ensure that the Authority exercises its powers in accordance with the principles of transparency and accountability; |
| (f) | manage the marketing, promotion, sale, lease, financing, purchasing, registration and transfer of property of the Authority; |
| (g) | advise the Minister on— |
| (i) | the efficacy of this Act; |
| (ii) | the state of transformation of the industry; |
| (iii) | prescribing of regulations; |
| (iv) | education and training of property practitioners; and |
| (v) | any other matter on which the Minister requires the advice of the Board; |
| (h) | maintain the Fund and hold it in trust; and |
| (i) | perform any other power or duty conferred on the Board by this Act or any other applicable law. |
