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Cap. 512 · Small Business Act (Cap. 512)

Cap. 512 чл. 11Functions of the Council.

PART III

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(1) It shall be the function of the Council to -

(a) make recommendations to Government on issues relating to the enterprise sector;

(b) make recommendations to Government on the formulation of policies in the field of small and medium enterprises;

(c) work towards improvements in the operating environment for small enterprises;

(d) review, discuss and provide advice on legislative proposals that have a significant impact on the enterprise sector;

(e) monitor the proper implementation of government policy;

(f) instigate research, monitor, evaluate and advocate measures for an environment conducive to a high level of service provision; and

(g) perform such other functions as may be assigned to it under this Act or any other law.

(2) In the discharge of its functions, the Council shall:

(a) work on identifying issues which hinder enterprise growth, development and competitiveness;

(b) follow such policy guidelines as may be set out by Government;

(c) promote cost-conscious and effective regulation;

(d) promote synergies in the application of government policy within the Administration; and

(e) undertake research work in-house, or through outsourcing, on relevant issues.

(3) The Council shall have the power to appoint sub-committees, whose members shall be nominated from constituted bodies, to address specific issues, and review proposals affecting SMEs.