Power to make Regulations

Subject to the rules made under this Act, the Board may with the previous approval of the State Government frame regulations for – (a) summoning and holding of meetings of the Board, the time and date when such meetings are to be held, the conduct of business at such meetings; (b) powers and duties of the officers and other employees of the Board; (c) salaries and allowances and other conditions of service of officers and other employees of the Board and the Market Committees. (d) management of the property of the Board; (e) execution of contracts on behalf of the Board; (f) Maintenance of accounts and the preparation of balance sheet by the Board; (g) procedure for carrying out the functions of the Board under this Act; (h) other matter for which provision is to be or may be made in regulation.