Delegation of Powers

Subject to the provisions of this Act the Corporation may, by general or special order, or by rules to be prescribed, delegate, either unconditionally or subject to such conditions, including the condition of review by itself, as may be specified in the order, to any committee appointed by it or to the Chairman or the Managing Director or any other officer of the Corporation such of its powers, duties and functions under this Act as it deems fit, not being its powers, duties and functions under sections 34, 62 and 67.