Amendment status not verified — confirm the current text below against the official source.
Powers and duties of the Executive Council:- 1) Subject to the provisions of the Act and the Rules made thereunder, the Executive Council shall have the following duties and functions, namely: i) to determine the form, provide for the custody and regulate the use of the common seal of the Board; ii) to transfer and accept transfer, hold, control, administer and deal with any property, movable or immovable and funds of the Board and to enter into contract on behalf of the Board provided that no transfer of immovable property shall be made without previous sanction of the Board; iii) to manage and regulate the finances, accounts and investments of the Board; iv) to invest, subject to the provisions of the Act, any money belonging to the Board, including any unapplied income, in any of the securities as may be prescribed or in the purchase of immovable property in India, with like power varying such investments or to place in fix or call deposits in any Scheduled Bank, any portion of such money not required for immediate expenditure; v) to accept, receive, hold, control, administer and deal with any fund, bequests, donations, endowments, trusts and other transfers of any property or interest therein or right thereto, placed at the disposal of the Board for specific purposes; vi) to consider the annual, revised or supplementary budget estimates and the annual accounts of income and expenditure of the Board and the recommendations of the Finance Committee of the Board thereon and to submit them to the Board; - 26 - vii) to recommend the number of joint Secretaries and Assistant Secretaries to be appointed by the Government under sub-section (10) of section 9; viii) to sanction __ (a) the number of posts of officers and servants to be employed by the Board un-ser section 10 and to suspend, hold in abeyance or abolish any posts; (b) the payments of special pay and other allowances at such rate and subject to such condition as it may deem fit in respect of : (1) specialised nature of duties or additional duties performed by employees of the Board; (2) duties performed on Sundays and holidays by the employees of the Board; (3) duties performed by the employees of the Board beyond normal hours; (4) any remunerative jobs done by the employees of the Board outside their office hours; ix) subject to the budget provision sanctioned under section 39 to section the purchase of hire of stores, paper, forms, stationary, furniture or other equipment required for the Board’s office, after calling for tender and to scrutinise them when received or enter in to a contract for the purpose of the Act: x) Provided that it shall not be necessary to call for any tender if the value of the stores, paper, forms, stationery or other equipment required or the expenditure involved in the contract is less than Rs.1000/- or if the above articles are urgently required for the work in respect of which the contract is entered into needs to be urgently carried out or if the Executive Council does not think it advisable to call for the tenders for reasons recorded by it; - 27 - xi) to enter into, vary ,carry out and cancel on behalf of the Board a contract for the provision of the building and supply of materials for proper discharge of duties assigned to it by the Act and the Rules; xii) to write-off irrecoverable sums due in respect of stores, priced publications, statements of mark and unserviceable articles of dead stock, if the amount of the dues in each case exceeds Rs.100/- but does not exceed Rs.1000/-; xiii) generally to advise the Chairman of the Board on any matter connected with the work of the Board which it deems fit or which the Chairman may refer to it; xiv) to report to the board upon any matter concerning which its view may be invited by Board or in respect of which it considers that it should tender advice to the Board; xv) to make recommendations to the Board concerning the framing or amending the rules and regulations of the Board after considering the recommendations, if any from the Committees of the Board; xvi) to institute and make provision for the grant of scholarship, medals, prizes and other rewards and to prescribe the conditions therefore; xvii) to accept, reject or refer back any proposal, recommendation or report from the Academic Council, Finance Committee, Examination Committee, Recognition Committee of the Board; xviii) to recommend to the Board , for approval, rates of traveling allowance and remuneration to Paper-Setters, Moderators, Examiners, Translators and other personnel after taking in to consideration recommendation of the Committee of the Board, if any; xix) to lay down the procedure and specify the penalties to be imposed in dealing with cases of use of unfair means by persons seeking admission to or appearing at he Examinations conducted under the authority of the Board; - 28 - xx) to authories such advance as sit may from time to time consider necessary, to remain in the hands of the Secretary, to meet legitimate petty expenditure; xxi) direct inspection of the secondary schools and higher secondary schools and other recognized institutions on order to assess the academic performance and needs, issue instructions where necessary for maintaining efficiency and ensuring adequate amenities for students and proper terms and condition of employment of the teacher and other employees; xxii) recommend to the Government the withholding of grants of secondary schools and higher secondary schools and institutions which may do not comply whit the instructions issued from tome to time. (2) The quorum for the meeting of the Executive Council shall be one-half of the total number of the members of the Executive Council. (3) The Executive-Council shall report to the Board all acceptances or transfer of property done by the Executive Council. (4) The Executive Council shall not transfer any movable property without the sanction of the Board.