In addition to the functions, duties and powers of the committee as specified in the Act and these Rules, the other functions, duties and powers of the committee shall be as follows:
(a) To prepare a code of conduct of construction entrepreneurs and submit it to the council for approval and implement, or cause to be implemented, upon approval,
(b) To identify such immediate, short term and long term measures as are to be adopted for the promotion and development of constructions business and interest of construction entrepreneurs and make recommendation and suggestions on the policies to be pursued in that respect,
(c) To determine necessary procedures on the annulment of license.