Establishment of Board.- (1) The Board shall consist of Chairperson,

Vice-Chairperson, Member-Secretary, Commissioner, and other members not exceeding thirteen (13), who shall be appointed by the Government;

1. (2) The Chief Minister shall be the Chairperson of this Board;
2. (3) The Special Chief Secretary/Principal Secretary/Secretary to Government, Industries & Commerce Department shall be the Member- Secretary of the Board;
3. (4) The Board may delegate all or a subset of its functions to the Commissioner;
4. (5) All actions of the Board under this Act shall be undertaken according to the rules framed under this Act alone;
5. (6) The Board shall meet every Quarter at such time and place and shall observe such rules of procedure in regard to transaction of its business, as may be provided by regulations made by the Authority.