Power to make regulations

Power to make regulations.--The Board may make regulations not inconsistent with this Act and the rules made thereunder to provide for all or any of the following matters, namely :--

1. (a) the administration of the funds and other property of the Board, and the maintenance of its accounts ;
2. (b) the summoning and holding of meetings of the Board, the times and places at which such meetings shall be held, the conduct of business thereat and the number of members necessary to constitute a quorum ;
3. (c) the duties of officers and servants of the Board, and their salaries, allowances and other conditions of service ;
4. (d) all matters necessary or expedient for regulating the operations of the Board under section 17 ;
5. (e) advances to licensees by the Board under section 20 and the manner of repayment of such advances ;
6. (f) the making of contributions by the Board under section 21 ;
7. (g) the procedure to be followed by the Board in inviting, considering and accepting tenders ;
8. (h) principles governing the fixing of Grid Tariffs ;
   • (i) principles governing the making of arrangements with licensees under section 42 ;
9. (j) principles governing the supply of electricity by the Board to persons other than licensees under section 44 ;
10. (k) any other matter arising out of the Board's functions under this Act for which it is necessary or expedient to make regulations :