Power to supersede Board

(1) If the Administrator is of the opinion that the Board is unable to perform, or has persistently made default in the performance of, the duty imposed on it by or under this Regulation or has exceeded or abused its powers, or has wilfully or without sufficient cause, failed to comply with any direction issued by the Commission under section 17 or by the Administrator under sub-section (6) of section 30, the Administrator may, by notification in the Official Gazette, supersede the Board for such period as may be specified in the notification: Provided that before issuing a notification under this sub-section, the Administrator shall give a reasonable time to the Board to show cause why it should not be superseded and shall consider the explanation and objections, if any, of the Board. (2) Upon the publication of notification under sub-section (1) superseding the Board,— (a) all the members of the Board shall, notwithstanding that their term of office had not expired, as from the date of supersession, vacate their offices as such members: (b) all the powers and duties which may, by or under the provisions of this Regulation, be exercised or performed by or on behalf of the Board shall, during the period of supersession, be exercised and performed by such person as the Administrator may direct; (c) all property vested in the Board shall, during the period of supersession, vest in the Administrator. (3) On the expiration of the period of supersession specified in the notification issued under sub-section (1), the Administrator may— (a) extend the period of supersession for such further period as he may consider necessary; or (b) reconstitute the Board in the manner provided in section 3.