law: Co-Operative Societies Act 2008 
  54.
  
  Committees generally
  1.      Without prejudice to
  
  anything contained in sections 50 and 51 the members of the society shall in
  
  each year elect a Supervisory Committee which shall perform such duties as are
  
  prescribed by the bylaws.
  2.      Without prejudice to subsection
  
  (1), the Board may establish committees for the more efficient management of
  
  various aspects of the business or affairs of the society.
  3.      A committee for the
  
  purposes of subsection (2) may consist of members of the Board and other
  
  members of the society.
  4.      No committee of the
  
  Board may—
  a.     
  
    fill
  
  a vacancy among the directors;
  b.    
  
    declare
  
  a bonus or dividend;
  c.     
  
    approve
  
  any financial statement of the society;
  d.    
  
    submit
  
  to the members any question or matter requiring the approval of members; or
  e.     
  
    make
  
  decisions where the Act or the by-laws require a two thirds majority or
  
  unanimous vote of the Board.