Amendment status not verified — confirm the current text below against the official source.
(1) Subject to the provision contained in clause (f) of sub-section (1) of Section 20, the State Government shall approve manpower, organizational set-up and minimum qualifications and experience required for each grade of the employees, necessary for smooth functioning of the Board, and prescribe their terms of appointment and service rules. (2)The Board shall take measures to appoint staff according to their approved set-up and the terms of appointment and service rules. (3) Without prejudice to the generality of the provision in sub-section (1), the approved set-up shall include the following, namely :— (a) Secretary-in-charge of Commerce & Transport Department or any other senior officer appointed by the State Government who shall be the Chief Executive Officer of the Board; and (b)Financial Controller and Chief Accounts Officer. (4) The powers and functions of the Chief Executive Officer and the Financial Controller and Chief Accounts Officer shall be such as may be prescribed in the rules. (5) The powers and functions of the other officials shall be such as may be prescribed by the Board in the regulations. CHAPTER IV PROPERTY AND CONTRACTS Property and contracts.