I see that, and I'm not sure I got all of those ones either, but we will keep going here and by the end of it I will hopefully have been able to have answered all of the questions.
In terms of how the money will be appropriated, the appropriation of this Assembly and how much goes into subsidiaries and how much goes into investments, those specifics will be agreed to by the Minister. The board will be directed in how that funding is to be allocated. We will have some discussion around that through the business planning process with committee and we will debate the various merits and look at a number of factors in trying to determine what would be most effective.
The new board will be made up of, I think at this point, some current members and some new members. I am going to go out to all the Members of the Assembly and also solicit interest from the broader public. I think that we can expect, and are hopeful, that the expertise of the people on that board will be able to deliver on a very effective program and service review.
Eligibility criteria have been established in the new act. The person can be eligible for appointment if they have owned or managed a business or an enterprise in the NWT or has, in the opinion of the Minister, business expertise relevant to the economy of the Northwest Territories. I think that we are going to get some very capable and exciting people with new and good ideas to bring to the table.
Having said that, I don't want a five or six-year program service review either, and I am going to direct this. As I said, the first order of business this organization is to conduct is a program and service review in no more than a year, and be able to come back to this Assembly with our findings and our discussions around the types of programs and services that we need to be delivering, keeping in mind our strategic priorities of economic diversification.
We do need a flexible organization. It would have been very difficult to pin all of these factors down in new legislation, because as the economy changes and our priorities change and evolve, it is very important that we can adapt quickly to necessary change, and that simply isn't a reality if things are enshrined in legislation. I know the Member well knows this, so that was the necessity in having much of the detail in the policies and regulations that flow from the programs.
We will certainly work with committee members, with all Members of this House, to make sure that we have got it right and we are not going to waste a lot of time doing it. We are going to move very quickly, and I hope the Member will see that and I hope that we will be able to deliver. I am very confident that we will have a new and effective organization. It will be, because we have this enabling legislation that allows us to do some new and interesting things that we are not currently able to do. Thank you.