Statutes, how made.

(1) The Executive Council may, from time to time, make statutes and amend or repeal the statutes in the manner hereinafter provided in this section. (2) A statute or an amendment to, or repeal of, a statute passed by the Executive Council shall be submitted to the Management Committee who may assent thereto or withhold its assent. A statute or an amendment to, or repeal of, a statute passed by the Executive Council shall have no validity until it has been assented to by the Management Committee.