Amendment status not verified — confirm the current text below against the official source.
Power to make rules.— (7) The Government may, after consultation with the Corporation in regard to the matters concerning it, by notification in the Official Gazette, make rules to carry out the purposes of this Act. (2) In particular and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:— (a) under clause (d) of sub-section (2) of section 5, the salary and allowances of the Managing Director of the Corporation; (b) under section 18, the sums of money to be kept by the Corporation in Current and deposit accounts; (c) under section 20, subject to prior approval of the Government; (d) under section 23, the date by which the annual financial statement and programme of work shall be submitted by the Corporation to the Government and the form and manner of preparing such statement; (e) under section 24, the form and manner of maintaining books and other books of accounts; and manner of auditing accounts; (/) any other matter which has to be, or may be, prescribed by the rules.