Amendment status not verified — confirm the current text below against the official source.
2 [ (1) For the purpose of exercising such power and performing such duties or discharging such functions as may be prescribed, the Board shall establish : (a) a Selection Committee ; (b) a Finance Committee. 1 [(2) The Selection Committee shall consist of the following members ; (a) Chief Executive Officer, who shall be the Chairman ; (b) The Director of Industries, Uttar Pradesh, or his nominee not below the rank of a joint Director ; (c) A representative of the State Directorate of the Khadi and Village Industries Commission ; (d) Concerned Project Officer who shall be the Technical Advisor. (3) The Finance Committee shall consist of the following members ; (a) Chairman of the Board, (Chairman) ; (b) Two non-official members of the Board to be nominated by the Chairman ; (c) Secretary to the State Government in the Industries Department or his nominee not below the rank of a Deputy Secretary ; (d) Secretary to the State Government in the Finance Department or his nominee not below the rank of a Deputy Secretary ; (e) Chief Executive Officer ; (f) Financial Advisor ; (g) Accounts Officer, who shall be the Member-Secretary. (4) The term of office of the non-official members of the Committees of the Board shall be such as may be prescribed. (5) The members of the Committees of the Board shall draw travelling and daily allowance in accordance with such general or special orders as the State Government may issue in this behalf. (6) Without prejudice to the generality of the provisions of sub-section (1), the Finance Committee shall perform the following functions and duties, namely : (a) to consider the demands for loans/grants and to take decision for sanction on the basic of the available budget ; (b) to prepare budget estimates ; (c) to scrutinize the financial progress, realization, certificate of utilization, etc. (7) Upon the constitution of the Committees referred to in sub-section (1) every committee or sub-committee constituted under this Act, prior to the commencement of the Uttar Pradesh Khadi and Village Industries Board (Amendment) Act, 1982, shall cease to exist.