Amendment status not verified — confirm the current text below against the official source.
(1) The Committee shall administer the fund. (2) In the administration of the Fund, the Committee shall, subject to the provisions of this Act and the rules made there under,- (a) collect, preserve, manage and utilize the fund ; (b) hold the amount in an account to be opened and operated jointly by the Chairman and the Member-Secretary in a Nationalized Bank. (c) receive application from any artist of the registered Mobile Theatre claiming financial assistance from the fund and to dispose of such claims periodically. For the purpose of disposal of such claims the Committee may conduct such enquiry as may be deemed necessary ; (d) communicate to the applicant by registered post with acknowledgement due its decision on the application ; (e) sit once in the first week of every quarter for disposal of various business of the Committee or at such earlier times as may be required, which shall be determined by the Member-Secretary with the approval of the Chairman; 11 (f) pay out of the Fund all amounts due and payable under this Act and incur all expenditure relating to the management and administration of the Fund; (g) send periodicals, annual reports, annual audited statements of accounts to the Government from time to time; (h) make payment of sitting allowance and conveyance allowance from out of the Fund, to the non-official members of the Committee in connection with its meetings, at such rates as may be prescribed; (i) determine its own procedure in conducting its meetings. Functions of the Member Secretary.