s 7 Functions and powers of Board
7.—(1) The Board is responsible for ensuring that —(a) the Federation acts in furtherance of its objects as set out in this Act and in its Constitution; (b) the funds and assets of the Federation are properly accounted for and safeguarded; and (c) the persons who are members of the Council are fit and proper persons to hold such office. (2) The approval of the Board is required for the following matters:(a) the annual report and accounts of the Federation; (b) the annual budget of the Federation; (c) the acquisition, sale, lease, mortgage, alienation or disposal by the Federation of any movable or immovable property of such value as the Board may determine; (d) the appointment of members of the Council; (e) any proposed amendment to or variation of the Constitution of the Federation.