Constitution of the Board

(1) The Government may, by notification in the Gazette, constitute with effect from such date as may be specified therein, a Board to be called the Handloom Workers Welfare Fund Board for the administration of the Fund and to supervise or carry out the activities financed from the Fund. (2) The Board shall be a body corporate by the name aforesaid, having perpetual succession and a common seal and shall by the said name sue and be sued. (3) The Board shall consist of such number of directors as may be appointed by the Government consisting of: (a) representatives of Government; (b) representatives of employers; (c) representatives of employees. (4) The number of directors representing employers and employees shall be equal in number. (5) The Government shall appoint one of the directors to be the Chairman of the Board. (6) The Board shall administer the Fund in such manner as may be specified in the Scheme. (7) The Board may, with the previous approval of the Government, delegate to the Chairman or to the Chief Executive Officer or to any other officer of the Board such of its powers and functions under this Act or the Scheme as it may consider necessary for the efficient administration of the Fund.