section 4
Constitution
The Gujarat Industrial Development Act, 1962Corporate196217 sections3 chapters
Chapter II ESTABLISHMENT AND CONSTITUTION OF THE CORPORATION
Statutory text
4.
- (1) The Corporation shall consist of the following seven members, that is to say,
- (a) two official members nominated by the State Government, of whom one shall be the Financial Adviser to the Corporation;
- (b) one member nominated by the State Electricity Board constituted under the Electricity (Supply) Act, 1948;
- (c) one member nominated by the Gujarat Housing Board constituted under the Gujarat Housing Board Act, 1961;
- (d) two members nominated by the State Government, from amongst persons appearing to it either to be qualified by reason of experience of, and capability in, industry or trade or finance or to be suitable to represent the interests of persons engaged or employed therein; and
- (e) the Chief Executive Officer of the Corporation, ex-officio, who shall also be the Secretary of the Corporation.
- (2) The State Government shall appoint one of the members of the Corporation to be Chairman of the Corporation and may appoint one of the other members as Vice-Chairman.
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