Amendment status not verified — confirm the current text below against the official source.
(1) The Government may, by notification in the Gazette, constitute with effect from such date as may be specified therein, a Board to be called, "The Kerala Jewellery Worker"s Welfare Fund Board" for the administration and management of the Fund and to supervise and carry out the activities of providing financial aid from the Fund. (2) The Board shall be a body corporate by name aforesaid, having perpetual succession and common seal and shall, by the said name, sue and be sued. (3) The Board shall consist of as much number of directors not exceeding twelve nominated by Government as hereinafter provided.- (i) four members representing workers and self-employed persons. In this, at least two of them shall be represented by workers; (ii) four members representing dealers; (iii) four members representing Government; (4) One of the Directors of the Board shall be appointed by the Government as its Chairman; (5) The Government shall publish in the Gazette the name of the Chairman and the Directors of the Board; (6) The term of office of the Board shall be three years; (7) Notwithstanding anything contained in sub-section (6), the Government may, at any time, for reasons to be recorded in writing remove from his office, any Director of the Board and such removal shall be made after giving him a reasonable opportunity of showing cause against the proposed removal: Provided that it shall not be necessary to record in writing, the reasons for removal or to give an opportunity of showing cause against the proposed removal, if the Government are of the opinion that it is not expedient in the public interest, to record the reasons in writing or to give such opportunity. (8) Any Director may resign his office by giving notice in writing to the Government and his resignation shall be deemed to have come into force on the date of acceptance of the resignation by the Government; (9) The administration of the Fund vested in the Board, shall be in such manner as may be provided in the Scheme; (10) The Board may, with the previous approval of the Government, subject to any restrictions and conditions the Board may direct, delegate to the Chairman or any Director or Chief Executive Officer or any other officer of the Board such of its powers and functions under this Act or Scheme as it may consider necessary for the efficient administration of the Fund. (11) The Board may every year expend towards the payment of salary of the Staff of the Board and other approved expenses up to 10 percentage of the amount collected as contribution.