In addition to any powers set forth elsewhere, the Board may:
(1) consult with engineering authorities and organizations concerned with standard safety codes about:
(i) regulations governing the operation, maintenance, servicing, construction, alteration, installation, and inspection of elevator units; and
(ii) qualifications that are adequate, reasonable, and necessary for elevator mechanics and elevator contractors;
(2) recommend applicable legislation;
(3) adopt bylaws for the conduct of its proceedings; and
(4) adopt regulations to carry out Part III of this subtitle.