Amendment status not verified — confirm the current text below against the official source.
(1) The Government may, by notification, establish a Board to be called the “The Tamil Nadu Non-Resident Tamils’ Welfare Board” for implementing and administering the Scheme. (2) The Board shall be a body corporate with the name aforesaid, having perpetual succession and a common seal with power to acquire, hold and dispose of property and to contract and by that name, sue or be sued. (3) The Board shall consist of thirteen directors, from time to time, nominated by the Government, as hereinafter provided, namely:- (a) Five directors representing the Non-Resident Tamils (abroad); (b) Two directors representing the Non-Resident Tamils (India); (c) Four directors representing the Government; (d) One director representing the Overseas Manpower Corporation Ltd; (e) One director representing the Commissionerate of Rehabilitation and Welfare of Non-Resident Tamils. (4) The Managing Director of the Board shall be appointed by the Government from amongst the directors representing the Government. (5) After nomination of all the members of the Board and appointment of the Managing Director, the Government shall, by notification, publish their names. (6) The meetings of the Board and procedures to be followed for the purpose and all matters supplementary or ancillary thereto shall, subject to the approval of the Government be regulated by the Board itself. (7) The Board may, with the previous approval of the Government, delegate to the Managing Director or to any director of the Board or to any other officer of the Board, such of its powers and functions under this Act, as it may consider necessary for the efficient administration of the Fund, subject to such restrictions and conditions, as it thinks fit. (8) An amount not exceeding five per cent of the total contributions to the Fund in every financial year, as may be fixed by the Government, from time to time, may be expended towards payment of salary to the officers and staff of the Board and other office expenses. (9) In exercise of the powers and discharge of its functions under this Act, the Board shall be bound by such directions as the Government, may, for reasons stated in writing, give to it from time to time.