The LACE Board. (a) The Recipient shall maintain the LACE throughout Project implementation, in a form and substance, and with resources satisfactory to the World Bank.
(b) The LACE Board shall be responsible for inter alia: (i) providing overall guidance on the management and implementation of Part 1 of the Project; (ii) oversight of the work of LACE; (iii) giving directives and guidance on the interpretation of the Recipient’s policies pertaining to those sectors affected by the Project; and (iv) reviewing the Annual Work Plans, and key Project Reports and other reports to be prepared in accordance with paragraphs A and B of Section II of Schedule 2 to this Agreement.
The LACE Board. (a) The Recipient shall maintain the LACE Board established pursuant to Chapter 50B of Title 12 of the Liberian Code of Laws of the Recipient as of July 22, 2004, throughout Project implementation, in a form and substance, and with resources satisfactory to the Association.
(b) The LACE Board shall be responsible for inter alia: (i) providing overall guidance on the management and implementation of the Project;
The LACE Board. (a) The Recipient shall maintain the LACE Board established pursuant to Chapter 50B of Title 12 of the Liberian Code of Laws of the Recipient as of July 22, 2004, throughout Project implementation, in a form and substance, and with resources satisfactory to the Association.
(b) The LACE Board shall be responsible for inter alia: (i) providing overall guidance on the management and implementation of the Project; (ii) oversight of the work of LACE; (iii) giving the MU directives and guidance on the interpretation of the Recipient's policies pertaining to those sectors affected by the Project; and (iv) reviewing the Annual Work Plans, and key Project reports such as those to be prepared in accordance with paragraphs A and B of Section II of Schedule 2 to this Agreement.
