Constitution of Board and its function

(1) There shall be a Board consisting of a Chairperson and following ex-officio members:-(a) Chief Secretary, Arunachal Pradesh - Chair person (b) Secretary/Commissioner (Finance), Arunachal Pradesh - Ex-Officio Member (c) Secretary/Commissioner (Planning), Arunachal Pradesh - Ex-Officio Member (d) Secretary/Commissioner (PWD), Arunachal Pradesh - Ex-Officio Member (e) Secretary/Commissioner (UD), Arunachal Pradesh - Ex-Officio Member (f) Secretary/Commissioner (RD), Arunachal Pradesh - Ex-Officio Member (g) Secretary/Commissioner (Tax & Excise), Arunachal Pradesh - Ex-Officio Member (h) Excise & Taxation Commissioner Arunachal Pradesh - Member-Secretary (2) The Headquarter of the Board shall be at Itanagar. (3) The Board shall perform the following functions : - (i) It shall ensure that the funds generated under this Act shall be utilized exclusively for facilitating trade, commerce and industry in the State. (ii) It shall identify the areas, which require immediate development or maintenance of infrastructure facilities out of proceeds of tax. (iii) It shall accordingly recommend allotment of proceeds of tax for the purposes specified in sub-section (1) of section 10. (iv) It shall ensure that the proceeds of tax collected under this Act are not much more than the amount actually required for development of local areas.