Amendment status not verified — confirm the current text below against the official source.
(1) The Government may, by notification make rules, to give effect to the provisions of this Act. (2) In particular and without prejudice to the generality of the forgoing powers, such rules may provide for all or any of the following, matters, namely: (a) the place at which the office of the Board shall be located. (b) the term of office of, and the manner of filling casual vacancies among the members of the Board and the terms and conditions of service of the Chairman, the Vice-Chairman, the Secretary and the other members of the Board, including the salaries and allowances to be paid to them and traveling and daily allowances to be drawn by them. (c) the disqualifications for membership of the Board and the procedure to be followed for removing a member, who is or becomes subject to any dis- qualifications. (d) Powers and duties to be prescribed and forwarded by the Chairman and the vice-Chairman. (e) the conditions subject to which, and the mode in which, contracts may be entered into by or on behalf of Board, (f) Constitution of the standing Finance Committee. (g) the procedure to be followed in the performance of functions by members of the Board. (h) the powers and duties to be exercised and discharged by the Secretary, the financial adviser and the Executive Officer of the Board. (i) the date by which and the form in which the budget and the supplementary budget shall be prepared and submitted in each year under section 16 and 27 (j) The procedure to be followed for placing the Board in possession of funds. (k) the procedure to be followed and the conditions to be observed in borrowing moneys and in granting loans (l) the form and manner in which the accounts of the Board shall be maintained under section 30. (m) the form and manner in which the returns, reports or statements shall be submitted under section 29, and (n) any other matter which has to be or may be prescribed. (3) Every- rule made under this section shall be laid as soon as maybe after it is made, before the Nagaland Legislative Assembly while it is in session for a total period of fourteen days which may be comprised in one session or in two successive sessions, and if before the expiry of the session in which it is laid or the sessions, immediately following the Nagaland Legislative Assembly agree in making any modification in the rule or the Nagaland legislative Assembly agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect as the case may be,so however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule,