Power to make regulations

The Apex Authority may with prior approval of the State Government, make regulations not inconsistent with the provisions of this Act and the rules made there under to carry out the purposes of this Act and for enabling it to discharge its functions under this Act, including the following, namely:-(i) for development, operation, regulation and management of the Special Investment Regions within the State and for development of infrastructure within the Special Investment Region; (ii) for appointment, remuneration, allowances and conditions of services of the officers and employees of the Regional development authority; (iii) form, particulars, manner and fee of proposal by a person who intends to start an economic activity or set up a unit, amenity or infrastructure project in the Special Investment Region or who intends to undertake integrated development.