Library / Midstream and Downstream Petroleum Alternative Dispute Resolution Regulations 2023
Midstream and Downstream Petroleum Alternative Dispute Resolution Regulations 2023

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submitted by these auditors at the end of each financial year ;
(k) form advisory committees to assist the Advisory Council in the
discharge of its duties and determine the duties, powers, and tenures of
these committees ;
(l) approve the codes of conduct and professional ethics for arbitrators,
mediators, conciliators, and experts, and for all other services provided by
the Centre in respect of ADR methods ;
(m)  approve the governance rules regulating the work of the Advisory
Council, arbitration panel, and subcommittees ;
(n)  propose policies and conduct studies on arbitration, conciliation, and
ADR methods, and present same to the concerned entities in Nigeria to
take the necessary action ; and
(o)  exercise other duties or powers required to achieve the objectives
of the Centre.
(2) The Advisory Council may delegate any of its powers under this
Schedule to the Chairman, provided that such delegation is specific and in
writing.
(3) The Chairman may sign cooperation agreements and memoranda of
understanding with specialised local and international dispute resolution centres
and institutions in consultation with the Advisory Council, and the Chairman
may delegate this power to any member of the Advisory Council, provided
that such delegation is specific and in writing.
Meetings of the Advisory Council
7.—(1) The Advisory Council shall convene a meeting at the invitation
of the Chairman or the Vice-Chairman, where the Chairman is absent, at least
once every three months, where necessary, or upon the request of the Centre.
(2)  Invitations to meetings of the Advisory Council will be sent to all
members in accordance with the procedures prescribed by the Centre, and
the letter of invitation must include the agenda, time, and venue of the meeting.
(3)  Meetings of the Advisory Council will be chaired by the Chairman,
or the Vice-Chairman where the Chairman is absent, and in case of absence
of both the Chairman and the Vice-Chairman, the Advisory Council will elect
from amongst its members the chair of the meeting, in which case the Chairman
and Vice-Chairman will be provided, immediately upon the end of the meeting,
with copies of the resolutions passed.
(4)  Subject to subparagraph (3), meetings of the Advisory Council will
be valid only if attended by the majority of its members.
(5)  The Advisory Council may hold its meetings and pass its resolutions
and recommendations using means of electronic communication, as prescribed