Constitution of Board

(1) The Board shall consist of not more than 15 members appointed by the Government, from time to time, including Chairman, Vice-Chairman Secretary Joint Secretary and other official and non-official members. Provided that— (a) The Chairman and Vice-Chairman shall be non-official members appointed by the Government. (b) the Secretary of the Board shall be a appointed by the Government from amongst the officers of the Department of Industries; and (c) the Joint Secretary shall be appointed by the Government from amongst the members of the Board. (2) Each non-official member of the Board shall be paid from the funds of the Board such allowance and the Chairman shall be paid such honorarium and allowances, as the Government may fix from time to time. (3) Official members shall draw their Travelling Allowances for attending meetings of the Board, or in connection with the performance of any duty assigned to them by the Board or the Government for the purposes of the Act admissible to them under the Punjab Travelling Allowance Rules from their respective departments. (4) The Board shall have powers to invite persons specially qualified to advise on matters before the Board relating to an industry or having special knowledge of local conditions in the area where the industry in question is situated. These persons shall be paid allowances at the rates admissible to other non-official members of the Board. (a) The account of the Board shall be kept in bank and all moneys of the Board with the exception of :— (a) The account of the Board shall be kept in bank and all moneys of the Board with the exception of:- (i) petty cash as mentioned in clause (c); (ii) money placed in fixed deposits; (iii) money invested in accordance with the provisions hereafter contained shall be paid into that account. (b) The Secretary will place requisite cash at the disposal of Incharges of the various centres for running day-to-day work of the said centre; provided the amount does not exceed Rs. 2,000/- for an individual centre. In such cases where the amount exceeds Rs. 2,000/- but does not exceed Rs. 10,000/- prior approval of the Chairman will be obtained in writing. In cases where the amount exceeds the limit of Rs. 10,000/- the prior approval of the Board shall be necessary. (c) The petty cash required for meeting current expenditure shall be in the custody of the cashier or any other officer who may be nominated by the Secretary in this behalf and shall not exceed Rs. 1,500/-. (d) Persons entrusted with the Cash, store and stock will be required to furnish necessary security as may be determined by the Government from time to time.