Power of Board to lend, exchange, sell, present or destroy articles in collections

Subject to the provisions of any rules or by-laws made in this behalf, the Board may, from time to time,—

1. (a) deliver by way of loan to any person the whole or any portion of, or any article contained in, any collection vested in it under this Act;
2. (b) exchange or sell articles contained in any such collection and take or purchase, in the place of such articles, such other articles as may in its opinion be worthy of preservation in the Museum;
3. (c) present articles contained in any such collection to other museums in India or elsewhere;
4. (d) remove and destroy any article contained in any such collection: Provided that, nothing herein contained shall authorise the Board to lend, exchange, sell, present, remove or destroy any article when such lending, exchange, sale, presentation, removal or destruction, as the case may be, is precluded by the terms on which the Board may have received any such article.