Section 4 CAMA 2020

Section 4 Companies and Allied Matters Act, 2020, is about Functions of the Board. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act.

Functions of the Board

The Board shall—
(a) review and provide general policy guidelines for performing of the functions of the Commission in accordance with international commercial best practice ;

(b) have general oversight on the administration of the Commission ;

(c) review and approve the strategic plans of the Commission ;

(d) receive and consider management reports and advise the Minister on the reports;
(e) determine the terms and conditions of service of employees of the
Commission;

(f ) fix the remuneration, allowances and benefits of employees of the Commission, in consultation with the National Salaries, Income and Wages Commission ;

(g) ensure compliance with the provisions of this Act; and

(h) do such other things as are necessary to ensure the effective and efficient performance of the functions of the Commission.