Council of Ministers. 1. The Council shall consist of at least one Minister from each Member State and shall be the supreme decision making authority of SACU matters. 2. The Council shall be responsible for the overall policy direction and functioning of SACU institutions, including the formulation of policy mandates, procedures and guidelines for the SACU institutions. 3. The Council shall appoint an Executive Secretary of SACU 4. The Council shall appoint the members of the Tariff Board. 5. The Council shall approve the budgets of the Secretariat, the Tariff Board and the Tribunal. 6. The Council shall oversee the implementation of the policies of SACU. 7. The Council shall approve customs tariffs, rebates, refunds or drawbacks and trade related remedies. 8. The Council shall have the authority to create additional technical liaison committees and other additional institutions and to determine and alter their terms of reference. 9. The Council shall meet at least once in each quarter of a financial year, unless agreed otherwise. 10. The Chair of the Council shall be held in turn by each Member State for a period of twelve months in the order to be decided by the Council.
Appears in 5 contracts
Samples: Sacu Agreement, Customs Union Agreement, Sacu Agreement
