Amendment status not verified — confirm the current text below against the official source.
Executive Committee -( 1) There shall be an Executive Committee which shall exercise such powers and perform such functions as may be delegated to it by the Board. (2) The Executive Committee shall consist of the following members, namely: - (a) Minister for Finance : Chairperson (b) Chief Secretary : Member (c) Secretary (Law) : Member (d) Secretary (Finance) : Member (e) Secretary (Finance-Resources) : Member (f) Three independent members of the Board, to be nominated by the Government : Members (g) Chief Executive Officer : Member (3) The Secretary to Government of the administrative department in Government concerned with the project proposal placed before the Board for consideration shall be a special invitee to the meetings of the Executive Committee. (4) The decision making shall be by a majority of not less than two-thirds of the members present and voting. (5) The quorum for a meeting shall be five. (6) The members of the Executive Committee may, with the permission of the Chairperson, attend the meeting through video conferencing. (7) The Chief Executive Officer shall be the Secretary of the Executive Committee.