Amendment status not verified — confirm the current text below against the official source.
(1) Tht Board may, subject to the sanction v2;3i3h- of Governrneilt and subject to such conditions as scrvicas may be prescribed- subject L ~ C contio~ to of tho (a) enier into an agreement relinquishing GOYCCnmmt the performacce of any of the services specified in cIau.ses (a) and (e) of sub- section (1) of section 35 to an approved person; or (b) enter into an agreement accepting a liability greater or less tkan that imposed on the Board by sub-section (1) of section