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341: Establishment of Board
or “A special group is created to oversee building professionals”
You could also call this:

“The Board can only do what the law says it can do to carry out its job.”

The Board is a group that has certain powers. These powers are given to them by this law and other laws. The Board can only use the powers that the law gives them.

The Board can only use its powers to do the jobs it’s supposed to do. They can’t use their powers for anything else.

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Next up: 343: Board's functions

or “The Board oversees and manages rules, complaints, appeals, and reviews for licensed building practitioners.”
Next

Part 4 Regulation of building practitioners
Building Practitioners Board: Establishment of Board

342Capacity and powers

  1. The Board has only the statutory powers conferred by this Act and any other Act.

  2. The Board may exercise its powers only for the purpose of performing its functions.