(1) For carrying out the purposes of this Act, the State Government shall, as soon as possible, after thecommencement of this Act, establish Board4 to be called the “Board of Industries” consisting of the following members, namely:-
(a) the Chairman to be nominated by the State Government;
(b) the Director;
(c) the Managing Director, Himachal Pradesh Financial Corporation;
3Subs. for ‘Union territory of Himachal Pradesh’ by A.O. 1973.
4 The Board constituted vide Not. No. 7-2/73-SI (Loan) dated the 31st August, 1973, (Appended).
(d) three non-official members to be appointed by the State Government; and
(e) three members to be elected by the Legislative Assembly of HimachalPradesh from amongst members of the Assembly, election beingin accordance with principle of proportional representation by means of the single transferable vote:
Provided that the Board shall have power to invite for consultation on any particular question before it, not more than three persons specially qualified to advise on the matter in question or having special knowledge of local conditions in the area where the industry in question is situated. Any person so invited by the Board shall not have the right to vote.
(2) The Director shall be ex-officio Secretary of the Board.
(3) Four members of the Board shall form a quorum.