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172: Appointment of building advisory panel
or “The boss must create a group of building experts to give advice, making sure they have different skills and backgrounds.”
You could also call this:

“A group of experts gives special help to the boss, but not about the boss's job unless asked.”

The panel’s job is to give independent expert advice to the chief executive on matters mentioned in section 171(1). This means the panel helps the chief executive by sharing their special knowledge.

The panel doesn’t normally advise the chief executive on how to do their job or use their powers under this law. However, if the chief executive asks for the panel’s advice on these things, then the panel can give it.

You should know that the panel is there to support the chief executive with expert knowledge, but not to tell them how to do their day-to-day work unless they’re asked to.

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Next up: 174: Chief executive must report on panel's operation

or “The boss must write a report each year explaining how a special group of helpers did their job.”
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Part 3 Regulatory responsibilities and accreditation
Responsibilities of chief executive: Functions, duties, and powers of chief executive generally

173Function of panel

  1. The function of the panel is to provide independent and specialist advice to the chief executive on any of the matters referred to in section 171(1).

  2. It is not the panel's function to advise the chief executive on the performance of the chief executive's functions or duties, or the exercise of the chief executive's powers, under this Act.

  3. Subsection (2) does not apply if the chief executive seeks the panel's advice on the matters referred to in that subsection.