Establishment of Board

(1) The Government may, by notification, establish a Board to be known by such name as may be specified in the notification for any scheduled employment in any area; and they may establish one Board for two or more scheduled employments or areas. (2) Every such Board shall be a body corporate with the name aforesaid, having perpetual succession and common seal, with power to acquire, hold and dispose of property, and to contract and may by that name, sue or be sued. (3) The Board shall consist of members nominated by the Government, representing the employers, the unprotected workers, and the Government. (4) The members representing employers, and unprotected workers, shall be equal in number, and the members representing the Government shall not exceed one-third of the total number of members presenting employers and unprotected workers. (5) The Chairman of the Board shall be nominated by the Government, from among the members representing the Government. (6) After nomination of all the members of the Board including the Chairman, the Government shall, by notification, publish the names of all the members of the Board. (7) The term of the office of the members of the Board shall be such as may be prescribe. (8) The meetings of the Board and procedure to be followed for the purpose and all matters supplementary or ancillary thereto, to shall, subject to the approval of the Government, be regulated by the Board itself.