Amendment status not verified — confirm the current text below against the official source.
Other Committees of the Authority - (1) Apart from Executive Committee, Technical Advisory Committee and District Level Implementation Committee, the Authority may appoint such other Committees as may be necessary for the efficient discharge of its duties and performance of its functions under this Act; (2)The Authority shall have the power to co-opt as members of any Committee appointed under sub-section (1) such other number of persons who are not members of the Authority, as it may think fit. 11.Disqualification for membership of the Authority and its Committees - A person shall be disqualified from being appointed or continuing as a member of Authority or any committee of the authority, if he/she- (i) is medically found or declared to be of unsound mind ; (ii)is a person who having being declared an insolvent or bankrupt underany law in force, is a undischarged insolvent or bankrupt; 12.Executive Officers and Staff of the Authority - (1) The Commissioner of Fisheries will be the Chief Executive Officer of Authority. (2)To assist Chief Executive Officer and to perform such duties as required, one Additional Chief Executive Officer, other Officers and Staff may be taken on deputation basis; (3)Terms of deputations, salaries and allowances and such conditions of service in respect of leave, pension, provident fund and other matters as may be applicable to any other State Government Department. (4)Subject to such control and restrictions as may be prescribed, the Authority may appoint such other Executive Officers and may engage such Advisors, Consultants/ Experts/ Technicians/ Office Staff/ Skilled/ Unskilled workers/ any other manpower as may be necessary for the efficient performance of its functions and pay them such salaries and allowances as may be prescribed and determined from time to time. CHAPTER-IV FINANCE AND ACCOUNTS OF THE AUTHORITY 13.Fund of the Authority - (1) The Authority shall have its own Fund. The following shall be credited into the Fund of the Authority- (a) all such amount as may be allocated in the budget by the Government for the use of the Authority; (b) Managerial grant sanctioned by the government in the budget of Department of Fisheries; (c)prescribed percentage of Aquaculture registration/ license fee collected by the Department of Fisheries before the appointed date; (d)all such amount as may be received by the Authority in the exercise and discharge of its powers, and functions under this Act; 12 (e)all such amount as may be received by the Authority by way of cess/fees and charges; (f)all such amount as may be received by the Authority by way of loans, donations, subsidies, gifts or grants from any source whatsoever. (2) The authority shall open a Green Channel PD Account towards operation of this fund. All the amounts / revenue receipts of the authority shall be deposited in this Green Channel Account; (3) Any expenditure incurred by the Authority in the exercise, and discharge of its powers, and functions under this Act shall be met from the fund established under sub-section (1). 14.Initial capital - The initial capital of the Authority shall be Rs. 100 Crores towards meeting the expenditure of the authority till it becomes financially self reliant. The amount of the initial capital shall be paid to the Authority from the Government in such installments as may be decided by the Department of Finance. 15.Audit of accounts of the Authority - (1) The Authority shall cause proper books of accounts to be kept of the income and expenditure, assets and liabilities and all other transactions of the Authority. (2) The annual audit of the accounts of the Authority shall be done as per rules and regulations in vogue. 16.Transfer of property and contracts - (1) The Government may, by notification published in the Gazette, transfer to the Authority- (a) any movable or immovable property of the Department of Fisheries required by the Authority for the discharge of its functions under this Act; and (b) any contract or liability of the Department of Fisheries connected with any of the functions of the Authority. (2) Upon the publication of notification under sub-section (1) in the Gazette- (a) the properties specified in such notification shall vest in, and be the properties of the Authority; (b)the contracts specified in that Order shall be deemed to be the contracts of the Authority and all subsisting rights and obligations of the Department of Fisheries under such contracts shall be deemed to be the rights and obligations of the Authority; (c)the liabilities specified in that notification shall be deemed to be the liabilities of the Authority. 17.Land alienations and acquisitions of land - (1) Where any Government land is required for the Authority, that landshall be deemed to be required for a public purpose and may be alienated by the Government to the Authority as per the rules and regulations. (2)Where any private patta land is required for the Authority, that private patta land shall be deemed to be required for a public purpose and may be acquired to the Authority as per the rules and regulations. (3)Any amount payable for the land alienation/ acquisition, shall be paid by the Authority. CHAPTER-V 13 REGULATION OF AQUACULTURE AND AQUACULTURE BUSINESSOPERATIONS