Amendment status not verified — confirm the current text below against the official source.
(1) The Board may, with the previous sanction of the Central Government, by notification in the Official Gazette, make regulations not inconsistent with this Act and the rules made thereunder, to provide for all matters for which provision is necessary or expedient for the purposes of giving effect to the provisions of this Act. (2) In particular, and without prejudice to the generality of the foregoing power, such regulations may provide for-- (a) the manner in which meetings of the Board and the Executive Committee thereof shall be convened, the fees for attending such meetings and the procedure to, be followed thereat; (b) the methods of appointment, the conditions of service and the scales of pay of the officers (other than the Secretary) and other employees of the Board; (c) the duties and conduct of officers and other employees of the Board; (d) the time when the accounts of a Warehousing Corporation may be closed; and (e) generally the efficient conduct of the affairs of the Board; (3) The Central Government may, by notification in the Official Gazette, rescind any regulation which it has sanctioned and thereupon the regulation shall cease to have effect.