Powers and functions of the Executive Officer

The Executive Officer appointed under clause (f) of section 4, shall exercise powers of general superintendence over the affairs of the Board and its day-to-day management under the direction and control of the Chairman. The Executive Officer shall be responsible for the furnishing of all returns, reports and statements required to be furnished to the Government and the Commission under section 28. (a) It shall be the duty of the Executive Officer to place before the Board for its consideration and decision any matter of financial importance which the Accounts Officer suggests to him in writing that such matter be placed before the Board.