In most cases, they are made up of elected officials and citizens appointed to the Commission by member local governments.
The board represents the bank's 155 member governments, which include Iran.
But only a small amount of the capital is actually paid into the institution by member governments.
"A door to history has been opened and now member governments must walk through it together," he said on hearing the news of the agreement.
These member governments provide water to over 2.5 million citizens.
The Council agreed to put off further discussion until member governments had time to review the issue.
Most member governments did not submit their framework plans until the year 2000 itself.
They would be better able to resist political pressures from member governments.
Britain, is determined that it should be worked out by member governments.
It implements the decisions taken by the association's 54 member governments.