43. (1) There shall be a board of advisers composed of four members appointed annually by the Inspector General of Financial Institutions, two of them on the recommendation of the Board from among the members in good standing and two on the recommendation of the All Canada Insurance Federation.
(2) The board of advisers shall assist the Inspector General of Financial Institutions when he sits in appeal from decisions of the Board in the cases provided for in subsection 11 of section 25 and in all cases of admission of new members or readmission of members who have ceased to practise.