Afrindustria/ Gas Gap Monitor

Library / B 117 Federal Republic of Nigeria Official Gazette No. 50

B 117 Federal Republic of Nigeria Official Gazette No. 50

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B 127
(3)  Where a new member is appointed in place of another member of
the Advisory Council the new member will serve for the remainder of the
term of his predecessor.
(4)  Where the Advisory Council is not reconstituted upon the expiry of
its term of office, the Advisory Council whose term has expired will continue
to perform its duties until a new Advisory Council is constituted.
Functions of the Advisory Council
6.—(1) The Advisory Council will undertake general supervision of the
Centre, and for this purpose will have the duties and powers to —
(a)  approve,  and  supervise  the implementation of the general policy
and strategic plans required for the achievement of  the objectives of the
Centre ;
(b)  approve the rules of arbitration, mediation and conciliation applied by
the Centre which shall be in accordance with international best practices ;
(c)  approve the organisational structure of the Administrative Secretariat,
the by-laws and guidelines governing the administrative, financial, and
technical affairs of the Centre ;
(d)  ratify the appointment of the Centre Coordinator ;
(e)  approve the lists of Centre arbitration, mediation and conciliation
fees, including the fees of the arbitrators, conciliators, and experts engaged
by the Centre, and the charges for all other services provided by the Centre
in respect of ADR methods ;
(f )  approve the by-laws prescribing the requirements and procedures
for —
(i) membership of the Centre,
(ii) registration on lists of arbitrators, mediators, conciliators, and
experts, and
(iii) all other services provided by the Centre in respect of ADR
methods ;
(g) approve fees for –
(i)  categories of the membership of the Centre,
(ii)  registration of arbitration claims,
(iii) registration on lists of arbitrators, conciliators, and experts, and
(iv) all other services provided by the Centre ;
(h) review and approve the annual report on the performance, work,
achievements, and activities of the Centre ;
(i)  approve the annual budget and financial statements of the Centre;
(j) appoint, remove, and determine the remuneration of the external
auditors of the Centre, review and approve the financial reports and notes