(1) The Board may from time to time, with the previous sanction of the State Government, make regulations consistent with this Act and rules- .
(a) for the management and use of buildings constructed under any housing scheme;
(b) the principles to · be foll9wed in allotment of tenaments and premises ;
(c) the remuneration and conditions of service of the other officers and employees of the Board under section 14 ;
(d) for regulating its Procedure and disposal of its business.
(2) If it appears to the State Government that it is necessary or desirable for carrying out the pur poses this Act to make any regulation in respect of matters specified in sub-section (1) or to amend any regulation made under that sub-section.
it may call upon the Board to make such regula tion or amendment within such time as it may specify. If the Board fails to make such regulation or amendment within the time specified, the State Government may itself make 5Uch regulation or amendment and the regulation or the amendment so made shall be deemed to have been made by the Board under sub-section (1).