Duty of Board

Duty of Board.-It shall be the duty of the Board-

1. (a) to report to the Government after such enquiry, if any, as it deems necessary or as may be required by this Act, on applications for State aid that may be referred to it for advice by the Government or any other officer authorised in this behalf by it ;
2. (b) to advise the Government on any matters that may be referred to it : Provided that the Government shall not sanction State aid without reference to the Board except in the case of a loan the amount of which does not exceed Rs. 3,000.