Amendment status not verified — confirm the current text below against the official source.
(I) The Board may by notification in the Official Gazette,make Regulation not inconsistent with the provisions of this Act and rules made thereunder for enabling it to discharge its functions under this Act. (2) In particular and without prejudice to the generality of the foregoing power, such Regulations may provide for all or any of the following matters namely : (a) the terms and conditions of appointment and service and the scales of pay of officers and employees of the Board other than the Secretary and the Financial Adviser, including the payment of travelling and daily allowances in respect of journeys undertaken by each officer and employees for the purpose of this Act : (b) the time and place of meeting of the Board and the procedure to be followed in regard to transaction of business at such meetings and the quorum necessary for the transaction of such business at a meeting; (c) the functions of the Committee and the procedure to be followed by such Committee and the discharge of their functions; (d) the delegation of powers to the Secretary and any employee of the Board; (e) the persons by whom and the manner in which payments. deposited and investment may be made on behalf of the Board ; (f) the custody of moneys required for the current expenditure of the Board and investment of moneys not so required; (g) the maintenance of minutes of the meeting of the Board and the transmission of the copies thereof to the Government and the Commission; (h) the maintenance of accounts : (i) the summoning and holding of meetings and the conduct of business of the Standing Committees : (j) the form in which certificates of genuineness of Khadi and products of Village Industries may be granted by the Board and fees chargeable thereof (3) The Government may by notification in the Official Gazette, rescind or modify any Regulation made under this section and thereupon, the Regulation shall cease to have effect or be modified accordingly.