Section 15

In its capacity as the Reserve’s governing body, the Board shall –

a) adopt bylaws for the Reserve’s personnel, prescribing the terms of recruitment and removal from office, and technical training;

b) designate deputy general managers on the advice of the Governor of the Reserve;

c) create and eliminate agencies;

d) appoint correspondents;

e) prepare and submit an annual budget for approval by KXCO, prior to the 30th of September each year;

f) prepare the annual budget, the calculation of resources, and compensation of the Reserve’s personnel; and

g) approve the balance sheet, income statement, and annual report.