Resignation of office by member

Any member may resign his office by giving notice in writing to the Government and on such resignation being notified in the Tamilnadu Gazette by the Government, he shall be deemed to have vacated his office. Ten clear day’s notice of every meeting shall be given to all the members, The notice under these regulations may waived if the date, time and place of the meeting have already been fixed at the previous meeting or it the President considers it necessary to hold special meetings for the transaction of emergent business. The Board may invest any part of its funds which is not immediately required for any purpose in such securities or short-term deposits as may be approved by the Government from time to time.