section 5
The Nodal Agency shall perform any other functions entrusted by the Government or Governing Council for carrying out the provisions of this Act.
Meghalaya State Investment Promotion & Facilitation Act, 2024Chapter II Chapter II
Powers of Invest Meghalaya Authority Powers of Invest Meghalaya Authority. - 5 (1)
The administrative and financial power of the Invest Meghalaya
Authority shall be as prescribed by rules under the Act;
(2) The Chief Executive Officer shall be appointed by the State Government from amongst officers not below the rank of Joint Secretary or persons being distinguished experts with a demonstrated experience in industry or government;
(3) The Authority may engage such experts, consultants, advisors, or technology professionals, as may be required for efficient discharge of its powers and functions under this Act, on such allowances or remuneration and on such terms and conditions as may be prescribed.
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