Amendment status not verified — confirm the current text below against the official source.
(1) The Board, with the previous sanction of the Government, by notifications, make regulations not inconsistant with this Act and the rules made there under, for enabling it to perform its functions under this Act. (2) In particular and without prejudice to the generality of the forgoing power, such regulations may provide for all or any of the following matters, namely: (a) the terms and conditions of appointment and service and the scale of pay of officers and servants of the Board other than the Secretary including the payment or traveling and daily allowances in respect of journeys undertaken by such Officers and servants for the purposes of this Act. (b) The time and place of meetings of the Board, the procedure to be followed in regard to transaction of business at such business at a meeting. (c) functions of committees and the procedure to be followed by such committees in the discharge of their functions. (d) the delegation of power and duties to the standing Finance Committee, Secretary or any employees of the Board. (e) the maintenance of minutes of meetings of the Board and the transmission of copies thereof to the Government and the Khadi and Village Industries Commission, (t) the person by whom and the manner in which payments, deposits and investments may be made on behalf of the Board (g) the custody of moneys require for the current expenditure of the Board and investment of moneys not so required, (h) the maintenance of accounts (3) The Government, by notification may rescind any regulation, made under this section and thereupon, the regulation shall cease to have effect. Dissolution of the Board