Lawgist5Powers and functions of the Chief Executive Officer
1[5. Powers and functions of the Chief Executive Officer.--2[(1) Subject to the provisions contained in sub-section (1A) of section 4, the Chief Executive Officer, appointed under clause (c) of sub-section (2) of section 4, shall exercise such powers and discharge such functions in respect of general superintendence over the affairs of the Commission and its day-to-day management, as may be prescribed.
(1A) Without prejudice to the powers and functions referred to in sub-section (1), the Chief Executive Officer shall exercise such powers and discharge such functions under the general superintendence, direction and management of the Commission.]
(2) The Chief Executive Officer 3[shall, in addition to exercise of the powers and discharge of the functions referred to in sub-section (1), be responsible] for the furnishing of all returns, reports and statements required to be furnished to the Central Government under section 24.
(3) It shall be the duty of the Chief Executive Officer to place before the Commission for its consideration and decision any matter of financial import if the Financial Adviser suggests to him in writing that such matter be placed before the Commission.]
Download our fully-offline, High speed android app.- Click here
1. Subs. by Act 12 of 1987, s. 5, for sections 5 and 6 (w.e.f. 24-7-1987).
2. Subs. by Act 10 of 2006, s. 4, for sub-section (1) (w.e.f. 15-5-2006).
3. Subs. by s. 4, ibid., for "shall be responsible" (w.e.f. 15-5-2006).
- 1 Short title and extent
- 2 Definitions
- 3 Power to add to the Schedule
- 4 Establishment and constitution of the Commission
- 5 Powers and functions of the Chief Executive Officer
- 5A Powers and functions of the Financial Adviser
- 6 Disqualifications for membership of the Commission
- 6A Removal of Chairman, Member, etc., from the Commission
- 7 Resignation of office by member
- 8 Vacancies, etc., not to invalidate acts and proceedings of the Commission
- 9 Temporary association of persons with the Commission for particular purposes
- 10 Constitution of the Board
- 11 Commission to consult the Board
- 12 Meetings of the Commission
- 12A Zonal Committee
- 13 Term of office and conditions of service of the chairman and other members
- 14 Officers and servants of the Commission
- 15 Functions of the Commission
- 16 Power of Central Government to give directions
- 17 Payment to the Commission
- 17A Commission to receive gifts, grants, etc
- 18 Funds of the Commission
- 19 Power of the Commission to spend
- 19A Standing Finance Committees
- 19B Recovery of monies due to the Commission as arrears of land-revenue
- 20 Budget
- 21 Borrowing of money
- 22 Transfer of liabilities and obligations to the Commission
- 23 Accounts and audit
- 24 Returns and reports
- 24A Exemption from liability to pay income-tax
- 25 Dissolution of the Commission
- 26 Power to make rules
- 27 Power to make regulations
- 28 Rules and Regulations to be laid before Parliament
