Amendment status not verified — confirm the current text below against the official source.
(1) The Industry Facilitation Council shall consist of one or more members to be appointed from amongst the following categories:-- (i) Director of Industries by whatever name called or any other officer not below the rank of such Director, of the State Government. (ii) Representatives of banks and financial institution; (iii) Officer bearers or representative of State Industry Associations; and (iv) Persons having special knowledge in the field of Industry, Finance, Law, Trade and Commerce. (2) The person appointed under clause (i) of sub-section (1) shall be the Chairperson of the Industry Facilitation Council. (3) The composition of the Industry Facilitation Council, the manner of filling vacancies among, and the procedure to be followed in the discharge of their functions, by, the members shall be such as may be prescribed by Rules by the State Government.