Amendment status not verified — confirm the current text below against the official source.
(1) The Government may, by notification in the Official Gazette constitute with effect from such date as may be specified therein, a Board to be called the "Handicraft Artisans Welfare Fund Board" for the administration of the Fund and to supervise or carry out the activities financed from the Fund. (2) The Board shall be a body corporate by the name aforesaid having perpetual succession and a common seal and shall by the said name sue and be sued. (3) The Board shall consist of such number of Directors not exceeding fifteen in number, as may be appointed by the Government and they shall be chosen in such manner as may be prescribed : Provided that seventy-five percent of the number of the Director shall be from amongst Handicraft Artisans, Handicraft Co-Operative Societies and Non-Governmental Organisation dealing with Handicrafts and the remaining shall be represented by Government. (4) (a) Seven person appointed by the Government amongst the Handicraft Artisans. (b) Four persons representing Co-Operative Society and Non- Governmental Organisation. (c) Four official appointed by the Government shall be Officer not below the rank of Joint Director, or equivalent representing, Industries Department, Finance Department, Labour Department, Government undertaking Corporation dealing with Handicrafts and Handloom, Department. (5) One of the members of the Board shall be appointed by the Government to be its chairman. (6) The Government shall publish in the Official Gazette the names of all the Directors of the Board. (7) The Board shall administer the Fund vested in it in such manner as may be specified in the Scheme. (8) The Board may, with the previous approval of the Government delegate to the Chairman or to any Director of the Board or to the Chief Executive Officer, such of its powers and functions under this Act or the Scheme as it may consider necessary for the efficient administration of the Fund, subject to such restrictions and conditions, if any, as it may specify. Terms of office of Directors.