(1) There shall be a Managing Committee for every Project Committee.
(2) The Dist rict Collector shall make arr angeme nt in the manner prescribed for election by the method of secret ballot of the Chairman and Managing Committee consisting of not more than nine members from amongst the members of the General Body of the Project Com mit tee:
Provided that the Government for the reasons to be recorded in writing may, from time to time, postpone election.
(3) If, at an election held unde r sub-section (2), the Chairm an and the members of the Managing Committee are not elected, from election shall be held in the prescribed manner.
(4) The term of office of the Chai rman and members of the Managing Committee, shall, if not recalled earlier, be for a period of 3(three) years from the date of its first meeting.
(5) The Managing Commit tee shall exerciseThe power and periorm the functions of the Project Committee.