(1) A management advisory committee has such functions as the Authority from time to time determines.
(2) Without limiting the generality of subsection ( 1), the Authority may determine any of the following functions in relation to a management advisory committee:
(a) the function of being a liaison body between the Authority and persons engaged in a fishery;
(b) the function of providing advice to the Authority in relation to the preparation and operation of a plan of management;
(c) the function of monitoring, and reporting to the Authority in relation to, scientific, economic and other information relating to a fishery.