Bare ActsThe ASSAM PREFERENTIAL STORES PURCHASE ACT, 1989

Section 4

{I) The term of the Board shall be for a period of three years unlcs1 reconsUtuted ea

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

{I) The term of the Board shall be for a period of three years unlcs1 reconsUtuted ea.Plier. (2) The Board sball meet at least once in three month. (~) The minimum of five members wltla the Chairmaa or Vice-Chairman and tao Member-Secretary shall f0rm a quorum. Power and 5. (1) Tbe Board shall supervise and review ~c proper runctions. implementation of ihe Act and Rules framed thereunder. (2) Without prejudice .to the generality of the fore-going provisions, the Board may,- . (a) constitute suitable tcc:bnieal committee consisting of the Direeior, representatives of major purcha&ing authorities, rcpresentati•c of the concernc4 industries, Cost Accountant, Quality Control Officer of the ,. .• i'.HE ASSAM GAZETTE. EXTRAO~DINARY. JULY 18, l%9 961 ·--------------- Directorate of Industries for laying do,._n quality specification or reasonable µri1,;es for dift"uent item11 of storei;, subject to the g"neral or speeial dlreo- tioIJs of the Board: Provided that Technical Committee for . items of Stores in Schedule-Ill shall be constituted by ASIDC as per Governmen t ·guide ·lines laid down in G. M. issued vid~ Notification No.PE. 61 /82 /1, dated 28tb. March, 1988 as in Schedule-IV. (b) decide whtther in respect of any itema of stores or any registered inJustdes, any earnest money and 11ecurity depo11it should be prescribed ; (c) approved prosec1&tion of concerned pur·cbasiag :Jfticial for breach of the provisions of the Act or direc· tives issued by the Beard thereunder.

Section 4 – The ASSAM PREFERENTIAL STORES PURCHASE ACT, 1989 | DailyLaw.ai