Amendment status not verified — confirm the current text below against the official source.
powers relating to the finance of the Board as may be specified by regulations made by the boar-i under this Act. - (2) The Board may constitute such other Standing Committees consi$ting of such number of members and in such manner as may be prescribed for exercising any power or discharging any duty of the Board. or for enquiring into, or reporting and advising on: any matter which the Board may refer to them. " . (3) The Standing Finance Committee or any other Standing Committee constituted under this section shall meet at such times and places and shall observe such rul-es of procedure in regard to the transaction of business at its meetings. including the quorum at meetings, as may be provided by regulations made by the Board under this Act. (1) The Administrator shall appoint a person not being a member, to be the Financial Adviser and Chief Accounts Officers who shall exercise such powers and perform such duties as may bi} prescribed. ' (2) The Administrator shall appoint a person not being a member, to be the Executive Officer of the Board and the Executive Officer shall exercise such powers and perform such duties as 'may be prescribed or as may be delegated to him by the chairman. (3) Subject to such rules as may be made by the Administrator in this behalf, the Board may appoint such other officers and .servants as it considers necessary for the efficient performance of its functions : Provided that no person whose honorarium or the maximum salary exceeds three hundred rupees per month shall be appointed by the Board except with the previous approval of the Administrator, 8 : .~. ., -,