Amendment status not verified — confirm the current text below against the official source.
(Pb. Act No, 29 of 1993). Vacancy to be filled in as early as possible. Amendment of section 7 of Pb. Act 40 of 1956. (Pb. Act 31 of 1981). Vacancy, defect in appointment, etc. not to invali- date actsand pro- ceeding. Meeting of the Board. Appointment of Committees. Functions _ and powers Of the Board. | 5 Provided that such person discloses to the Government the, nature and extent of the share held by him from time to time. (6 A person shall not also be disqualified, or be deemed ever to have been disqualified, under clause (d) or clause (e) of sub-section (D, or be deemed to have any share of interest in any contract or employment, with, by or on behalf of, the Board, by reason of his being a Director or a Secretary ora Manager of other salaried officer of a society registered or deemed to be registered under the Registration of socieities Act, 1860, or any of other institution certified by the Commission or the Board : Provided that such person discloses to the Government the nature and extent of the share held by him from time to time.