Officers and servants of the Corporation

(1) The State Government shall appoint a Managing Director and a Chief Accounts Officer of the Corporation. (2) The Corporation may appoint, such other officers and servants, subordinate to the officers mentioned in sub-section (1), as it considers necessary for the efficient performance of its duties and functions. (3) The conditions of appointment and service of the officers and servants of the Corporation and their scales of pay shall— (a) as regards the Managing Director and the Chief Accounts Officer, be such as may be prescribed, and (b) as regards the other officers and servants, be such as may be determined by regulations made under this Act. The Board of Directors of the Corporation reserves its right to revise the Payment, Fees, Charges, Taxes, Deposits etc. as stipulated and the allottee shall be bound to pay the Payment, Fees, Charges, Taxes, Deposits etc. on demand by the Corporation. (i) Permissible sub-leases with Nil sub-lease fees:— (a) All sub-leases listed under Schedule I-B. (b) All sub-leases wherein the original plot was allotted under an auction process of the Corporation. (c) All sub-leases to and amongst the institutions and entities owned and/or controlled by Government of India/Government of Goa. (ii) Non-refundable one time processing fee of Rs. 5 per sq. mts. of the plot area shall be payable by the allottee in respect of the permissible sub-leases under clause 12 (i) above. This fee shall apply at each instance of a new sub-lease being sought to be created by the allottee. (iii) Permissible sub-leases entailing sub-lease fees: All sub-leases within the same category and/or all sub-leases involving change in use amongst the categories (1), (2), (3), (4) and (5) listed below in the ascending order:— (1) Industrial Undertaking; (2) Institutions;