Amendment status not verified — confirm the current text below against the official source.
(13 The ;State ~Meriltnent shall ~~omtituteta consliturloa Board of Iadus tries consisting of -.the .fdltawing or Board or members, namely: - Industries. -to) five Wrnbers:to be-eleaed.dn rtlie paso* -bed 'manner -by ~~e State kegisl'mbve .Assembly 4rom ,ainarzg its m e m b e ~ : -Provide& that "in f he case or dissolu.tion lof .the State LegisIative Assembly, the members . elected under >this, -clause rand Qoldmg office-on d h dde of such -dissolution s h d poontinue in omee \till ?hew members a$e elected !by bhe said ,Assembly af&r ?its reconstitution; .(b) 'fivc:fietnberQ to be .ileeted ~ i h 'the prescri- bed manner, one ,by .eadh .df 'five such associations or ather bodies as :the .State ,'Goverfime~t may sdect as &,st represent- 'iag any garticukr class of hdustries ar comn~ercial aad allied interests; ~ [ c ) Seeref a r i s to the'state ' ~ o v e m i'a Fidahce, Ifrigdm 'md 'Pbmr 3t1d 'fXle Induseies Depafitmen ts, , the Director, the Resistray of' 'Co-operative Soiiitie, b e Managing Director of the 'StateAFin&cial Cor,poration and tho ,Managing Wector -of .the :State Small ,Sc& :Zadusfl.ks Qm- . porafion ~11.0 .shall be gx-~ficjo -m&q&rs; and (8) .five members to b e *appdin{ed by Qe State -'Govemmmt af whoi-i~ at lcast .two shaU 'be 'from 'wc]~ a m s OF the State a e decla- 'red, from time to 'time, by ~e G0ver.n- ment of India to be industrially backward areas. j(2) The Cfiairrnan ' a d the 'Secretary of ,he . h a d :&%all 'be 'appoirlted %y fhe 'State 'Govern-rn from among the members of the Board. 888 THE . . ORISSA STATE-AID TO INDUSTRIES ACT, I 978 [ Or. Act (3) The names of the members who have bzen elected or appointed shall be published in the Oflicial Gazette. (4) Savc as otherrvisc provided in this Act, a member clcctcd under clause (8) of su b-section (1) or appointed undd clause (d) of that sub-section shall hoId office for a period of three years commencing from the dace of publication of his name in the Official Gazette: Provided that the State Government may, from time to time, by notification, extend the said term of office by such period not exceeding one year at a time, as may be spccificd in the notification, so, however, tl~at: tho total period of extension shall in no evcnt cxceed two years. (5) Any casual vacancy in the membership of the Board shall he filled up by election or, as the case may be, appointment in tho same mt?mer as is provided in sub-section (I) and the member so elected or appointed shall hold office for the unexpired term of his predecessor in office. (6) The Board shall, for the discussion of any particular question coming up for consideration before it, have power to co-opt experts specially qualged to advise on the matter in question or having spec~al knowledge of local conditions in any area where the industry in queslion is situate: Provided that a member so co-opted shall have no right to vote. (7) No member of the Board shall vote or take part in the discussion of any question coming up for consideration at a meeting of the Board if the question is one in which he or his partner or reiatives have any direct or indirect pecuniary interest or in which he is interested protessionalty on behalf of a client or as agent for any person other than tl~e State Government, the Central Government or a TocaI authority. Expla~lation --For the purposes of this section, the expression '' relative " shall have the same mean- - - - -- ing asaasiigned to it under section 6 offhe CompaniesI orlpjb Act, 1956. (8) Whenever the Secretary to Government in the Finance Department is unable to attend any meeting of the Board, he may nominate any oEccr of that Depai-tmsnt, who shall attend such meeting and shall have the same rights and privileges as the said Secretary has in respect of such meeting. (9) No act or proceedings of the Board shall be deemcd to be invalid merely by reason of the existe- nce of any vacancy in the Board.