Cabinet proposes a senior jurist or reputable attorney to review the provisions under which statutory boards are established and maintained, and in particular, in respect of each, any powers that are exercised in respect of such boards by the executive government, with a view to identifying appropriate powers in statutory provision. The Premier and Governor jointly approve reviewer. The completed report will be submitted to the Premier and Governor.

Premier's Office develops policy based on review in B25.01, to guide the governance of all statutory bodies, including criteria for developing a statutory body, and how compliance will be monitored, evaluated and reported, and submit drafting instructions to Attorney General's Chambers if necessary.

Ministry of Finance ensures that policy to guide governance of all statutory bodies is coherent with draft PFM legislation on State Owned Enterprises.