8.1. The other objects of the Corporation are,(1) to the extent and subject to the conditions set out in the agreement referred to in section 129.3 of the Building Act (chapter B‐1.1), to supervise the administration of that Act or to see to its application as regards the vocational qualification of its members and the financial guarantees that may be required from them; (2) where an agreement is entered into under section 129.3 of the Building Act, to promote and facilitate the vocational qualification of master pipe-mechanics.