Regulations

(1) The Board may, with the previous sanction of the Government, make regulations consistent with this Act and the rules made thereunder and notify them in the Gazette. (2) In particular and without prejudice to the generality of the foregoing power, the Board may make regulations providing for- (a) the procedure and disposal of its business and the quorum necessary for the transaction of such business at a meeting; (b) the remuneration, allowances and other conditions of service of the members of the staff of the Board (other than the secretary). (c) the functions and duties of the members of the staff of the Board (other than the secretary). (d) the powers and functions of the Standing Finance Committee appointed under sub-section (1) of section 11 and the procedure to be followed by that Committee in the exercise of its powers and the discharge of its functions; (e) the functions of the committees appointed under sub-section (2) of section 11 and the procedure to be followed by such committees in the discharge of their functions; (f) the maintenance of the minutes of the meetings of the Board and the transmission of copies thereof to the Government.