Cap. 512 Art. 14Functions of the College.

(1) In the discharge of its functions, the College shall:

(a) establish and maintain a regulatory co-operation system among its members;

(b) ensure better use of regulation to promote efficiency, economy and competition within the enterprise sector;

(c) establish a work programme as proposed and submitted by the members and as formally endorsed by the Minister;

(d) hold regular joint meetings with the Council and discuss topics of importance for the enterprise sector;

(e) make recommendations to Government in respect of topics which have been discussed within the College and following joint meetings with the Council;

(f) make recommendations to Government in respect of reviews of policies;

(g) exchange information among its members on current regulatory issues and trends within the enterprise sector; and

(h) carry out such other functions as the Government may assign to the College from time to time.

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

(a) develop measures for the promotion of efficiency, better economy and competition within the enterprise sector;

(b) identify regulatory barriers which hinder the growth of the enterprise sector and make recommendations to address such issues;

(c) aim at reinforcing and maintaining communication networks between all representatives or members by way of regular exchange of status of affairs and information; and

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