Lawgist12Appointment of Administrator and other officer of the Corporation
(1) There shall be an Administrator of the Corporation who shall be appointed by the Central Government.
(2) The Administrator shall be the chief executive officer of the Corporation and all other officers of the Corporation shall be subordinate to him.
(3) The Administrator shall have the right to take part in the discussions of the Corporation or of any of its committees but shall not have the right to vote at the meetings of the Corporation or of any of its committees:
Provided that when one of the members of the Corporation is appointed under sub-section (1) as the Administrator, such Administrator shall have all the rights and privileges of a member.
(4) The Corporation may appoint such other officers as it may consider necessary for the efficient performance of its functions under this Act.
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- 1 Short title
- 2 Definitions
- 3 Incorporation
- 4 Constitution of the Corporation
- 5 Term and conditions of service of member
- 6 Disqualification for being appointed, or for continuing as, member of the Corporation
- 7 Temporary absence of any member
- 8 Vacancies amongst members or defect in the constitution not to invalidate acts or proceedings of the Corporation
- 9 Committees of the Corporation
- 10 Meetings of the Corporation
- 11 Authentication of orders and other instruments of the Corporation
- 12 Appointment of Administrator and other officer of the Corporation
- 13 General duty of the Corporation
- 14 Powers of the Corporation
- 15 Capital of the Corporation
- 16 Grants and loans to the Corporation
- 17 Vesting of property in the Corporation
- 18 Repayment of capital and loan with interest
- 19 Corporation to have rights and liabilities of the Central Government in certain cases
- 20 Fund of the Corporation
- 21 Provision for depreciation and reserve and other funds
- 22 Power of the Corporation to spend
- 23 Budget
- 24 Annual report
- 25 Accounts and audit
- 26 Amount due to the Corporation to be first charge
- 27 Direction
- 28 Returns and reports
- 29 Mode of recovery of moneys due to the Corporation
- 30 Delegation of powers
- 31 Members and officers of the Corporation to be public servants
- 32 Removal of disqualification for membership of Parliament
- 33 Bar of legal proceedings
- 34 Validation of certain transactions
- 35 Power to remove difficulties
- 36 Power to make rules
