Commission on Revenue Allocation

(1)There is established the Commission on Revenue Allocation.

(2)The Commission shall consist of the following persons appointed by the President—

(a)a chairperson, who shall be nominated by the President and approved by the National Assembly;

(b)two persons nominated by the political parties represented in the National Assembly according to their proportion of members in the Assembly;

(c)five persons nominated by the political parties represented in the Senate according to their proportion of members in the Senate; and

(d)the Principal Secretary in the Ministry responsible for finance.

(3)The persons nominated under clause (2) shall not be members of Parliament.

(4)To be qualified to be a member of the Commission under clause (2) (a), (b) or (c), a person shall have extensive professional experience in financial and economic matters.