Section 53A: Settlement Committee

53A. Settlement Committee (1) There shall be, for the purpose of assessing the possibility for early resolution of disciplinary matters with a licensee, an internal committee, to be known as the Settlement Committee. (2) The Settlement Committee shall not, in the discharge of its functions and exercise of its powers, be subject to the direction or control of any person or authority. (3) The Settlement Committee shall consist of – (a) a chairperson, to be appointed by the Board; (b) one member, to be appointed by the Board; (c) the Chief Executive; and (d) not more than 2 employees, not below the grade of Senior Manager and who shall not be a member of the Enforcement Committee. (4) The chairperson and members shall be appointed on such terms and conditions as the Board may determine. (5) The Settlement Committee may co-opt such other person having the requisite expertise as it deems necessary. Acts 2022 301 (6) The Settlement Committee may exercise the disciplinary powers of the Commission under section 7(1)(c) to impose an administrative sanction on a licensee. (c) by inserting, after section 77B, the following new section –