Subject to the provisions of this Act, the Board shall, with the previous approval of the State Government, make regulations -
(a) fixing the salary and allowances of the officers and servants of the Board.
(b) fixing the amount and nature of security to be furnished by any officer or servant from whom it may be deemed expedient to require security;
(c) for regulating the grant of leave of absence, leave, allowances, and acting allowances to the officers and servants of the Board;
Provided that a servant of the Central or State Governments employed as an officer or servant of the Board shall not be entitled to leave or leave allowances, otherwise than as laid down in the conditions of his services under the Central or State Government, as the case may be, relating to transfer to foreign service;
(d) for regulating the subscriptions to the provident fund established under section 18 and other matters relating thereto;
(e) for determining the conditions under which the officers and servants or any of them shall on retirement receive gratuities or compassionate allowance and the amount of such gratuities and compassionate allowance.
18. Provident fund- (1) The Board shall establish a provident fund for Housing Commissioner, officers and servants of the Board and such provident fund (hereinafter in this section called the said fund) shall notwithstanding anything contained in section 8 of the Provident Fund Act. I 925(No. of 19 of 1925), be deemed to be a Board Provident Fund for the purposes of the said Act.
(2) The Board shall in respect of each of its employees who is a subscriber to the said fund, pay into the said fund, such portion of the contribution and in such manner as government may, from time to time determine.