High Level Clearance Authority.

(1) Government may, by notification in the Official Gazette, constitute from time to time, a Committee known as the High Level Clearance Authority under the Chairmanship of the Chief Minister consisting of such other ex oficio members, as may be specified therein which shall examine and consider proposals for Industrial and other Projects to be set up in the State where the amount of investment is rupees fifty crores or more or such higher amount as may fixed by the Government from time to time and shall have the power to direct concerned Departments or Authorities to issue the required clearances within the specified time limit subject to compliance of the provisions of the applicable Acts and Rules or Orders and Instructions in force by the Industrial Unit. (2) The members of the Authority under this Section shall personally attend the meetings and in case of exigencies may depute a senior level official with written authorisation to take appropriate decisions in the meetings. (3) The Authority under this Section shall,- (a) meet at such times and places and shall adopt such procedures to transact its business as may be prescribed; (b) examine the proposals brought before it, for setting up Industrial Units; and (c) take decisions and communicate its decisions to the entrepreneurs and the Departments or the Authorities concerned within the prescribed time limit. (4) The Authority under this Section shall be the final Authority in granting approvals for the projects placed before it and the approvals given by it shall be binding on all the Departments or Authorities concerned and such Departments or Authorities shall issue the required clearances within the prescribed time limit.