Amendment status not verified — confirm the current text below against the official source.
Constitution of the Board.— (1) The Government may, by notification, with effect from such date as may be specified therein, for the administration of the Fund and for the management of the Scheme and to supervise and to implement the connected activities constitute a Board to be called the ‘Kerala State Lottery Agents’ and Sellers’ Welfare Fund Board”. (2) The Board shall be a body corporate by the name “Lottery Agents’ and Sellers’ Welfare Fund Board” having perpetual succession and a common seal and shall by the said name, sue and be sued; (3) The Board shall consist of four official members representing the Government and seven non-official members representing the beneficiaries of the Scheme as may be nominated by the Government as hereinafter provided:— (a) The Secretary to Government, Taxes Department; (b) The Director of State Lotteries; (c) A representative from the Finance Department not below the rank of a Joint Secretary nominated by the Government; (d) A representative from the Labour Department not below the rank of a Joint Secretary nominated by the Government; (e) Seven non-official members representing the Lottery Agents and Sellers nominated by the Government. (4) Government shall nominate a member from among the members of the Board as its Chairman. (5) The Director of State Lotteries shall be the Chief Executive Officer. 8 (6) The Board shall administer the Fund vested in it in such manner as may be specified in the Scheme. (7) The Board may with the previous approval of the Government, delegate to the Chairman or to the Chief Executive Officer such of its powers and functions under this Act or the Scheme as it may consider necessary, for the effective management of the Fund, subject to such restrictions and conditions, as it may deem fit.