1. If the Advisory Committee on Financing Exports is created, it has only the powers and duties authorized by law.
2. If created, the Committee shall review and make recommendations to the Director concerning:
(a) Any regulations proposed by the Director to carry out the program;
(b) The findings of the Director pursuant to NRS 349.825; and
(c) Those long-term financial commitments for more than 1 year, limits on credit, and transactions, concerning any one exporter, which involve $50,000 or more.