Bare ActsThe Assam Debt Conciliation Act, 1936

Section 3

(1) The [Provincial Government]" may establisi

Amendment status not verified — confirm the current text below against the official source.

(1) The [Provincial Government]" may establisi. aDebt cCDebt Conciliation Board (or any district or part of a district. i iatioD Such Board shall consist of three or more rnernbers not exceeding seven, including the Chairman, to he appointed by the [Provincial Government]" whi ch may, for reasons to be recorded in writing, cancel any appointment or dissolve any Board. (2) The Chairman and every other member of a Board so established 'hall be appointed for a term not exceeding three years. Such Chairman or member shall, on the expiration , of the period for which he has been appointed, be eligible for re-appointme nt . (3) A Board shall have such quorum as may be prescribed. (4) Wh= the member> of a Board are unable to agree, the opinion of the majority shall prevail. Where the Boarrl is equal- ly divided the Chairman >"all have a second or casting vote.

Section 3 – The Assam Debt Conciliation Act, 1936 | DailyLaw.ai