502Establishment of Board

502 Establishment of Board (1) The Board of Management of the Authority established under section 24 of the **Accident Compensation Act 1985** as in force immediately before 1 July 2014 continues in existence. (2) The Board— (a) may exercise all the powers of the Authority; and (b) must give general directions as to the carrying out of the objectives and functions of the Authority; and (c) must ensure that the Authority is managed and operated in an efficient and economic manner. S. 503 amended by No. 50/2019 s. 12 (ILA s. 39B(1)).