(1) The Council shall

(a) ensure the implementation and achievement of the objectives of the Institute;

(b) formulate policies within the framework of the national policy on decentralization and local government for the proper management of the Institute;

(c) approve annual estimates of income and expenditure of the Institute;

(d) manage the properties, business and funds of the Institute; and

(e) perform any other functions which are incidental to the achievement of the objectives of the Institute.

(2) The Board shall in the performance of its functions consult the Minister in matters of policy.