Amendment status not verified — confirm the current text below against the official source.
Inserted by Orissa Act 30 of 1975. 5 (iv) the occasional sale to the Trust to a value not exceeding two thousand rupee in anyone financial year, of any article in which he or the incorporated company regularly trades or by reason only of his having a share or interest otherwise than as Director, Secretary or Manager or other salaried officer in any incorporated company which has any share or interest in any contract or employment with, by, or on behalf of the Trust. 10 - Chairman to be a whole-time officer :- (1) The Chairman may be either a whole-time or part-time officer of the Trust and where the Chairman is a whole-time officer, he shall not bold any other salaried office: Provided that when the Chairman appointed is a whole-time officer of the Trust, be shall be paid such salary and allowances as may be filed by the State Government. (2) The State Government may grant leave of absence to the Chairman and when such leave is granted the State Government may appoint a person to act as Chairman. 11 - Term of Office :- The Chairman and the other trustees appointed or nominated under Section 8 shall hold office for such term as the State Government may, by Rules provide in this behalf: Provided that such Chairman and trustees appointed for the first time shall hold office for a term not exceeding three years, and the said term of office of the first trustee shall commence on such date as may be appointed by the State Government: Provided further that such Chairman and trustees whether appointed for the first time or any subsequent term shall be eligible for reappointment. 1[12 - Condition of service of Chairman, Vice-chairman and Trustees :- The condition of service of the Chairman, Vice-Chairman and the Trustees shall be such as may be prescribed from time to time. 13 - Trustees, etc. shall hold office during the pleasure of the Government :- The Chairman, Vice-Chairman and the Trustees other than ex officio Trustees shall hold office during the pleasure of the State Government. 14 - Leave of absence and filling or casual vacancies in certain cases :- (1) The Trust may permit any Trustee, other than the Chairman or an ex officio Trustee, to absent himself from meetings of the Trust for any period not exceeding such limit (which shall not be less than four consecutive months) as may be prescribed by the State Government. (2) If any Trustee other than ex officio Trustee is permitted by the Trust to absent himself from its meetings for any period exceeding four months or if any such Trustee dies or resigns his office or is removed from Office under Section 13 the vacancy shall be filled within two months by a fresh nomination or