(1) As soon as may be after the commencement of this Act, the Government may, by notification iTJ the Gazette, const1tute a Board to be called "The Kerala Road Fund Board··. '
(2) The Board shall be a body corporate by the name afotesa1d, haYmg perpetual success1on and a common seal With power, subject to the provisions of this Act, to acqu1re, hold and d1spose ofproputy, both movable and 1mmovablc and to contract and shall by the said name sue and be sued.
(3) The Board shall cons1st of the followmg members, namely:-
(a) Board;
the Chief Ministet eX officio, who shall be the Chairman of the I I
(b) the Mmister m charge ofPubhc Works ex 0fficio; who shall be the Vice-Chairman of the Board, •
(c) the Mm1~ter m charge of Fmancc-ex offic1o;
(d) the Mimster m charge- of Transport-ex officio;
(c) the Principal Secretary to Government in charge of Pubhc Works Department-ex <'ffic1o, who shall be the Member Secretary of the Board;
(f) the Law Secretary -ex officiO;
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(g) the Ch1ef Engineer, Roads and Bndges--ex officio;
(h) thn c persons nommated by the Government from among the heads of financial mstitut10ns engaged m the bus1ness of mfrastructurc, Scheduled Banks or techmcal or engmeering personnel workmg in Nat1onal level mst1tutions.
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(4) Nominated members of the Board -;hall hold office dUI ing the plea~ure of the Government
(5) Any nominated member may, at any time, resign his office by letter addressed to the Chairman of the Board.
(6) Theie shall be an c'Cecutive committee for the Board consiSting of the following members, namely:-
(a) the Miu1stci in charge of Pub he Work. who ~hall be the Chau·.m.an of the Executive Committee:
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(b) the Principal Secretary to Govcrnmr nt Ill charge of Public Work~ Department-ex-officio who shall be the Vice; Chanman of the executive conmuttcc;
(c) the Finance Secretary to Government-ex-officio.
(d) the La'VI Scnctaiy-cx-officio _ /
(c) .the Clucf Engineer Ru.tds & Bndgcs-cx-officio;
(f) two members nommatcd by the Boa1d f1om among the nominated members of the Board.
(7) The Board and the executive conunittec shall meet at such time and place as the Ch;urmrn of the Board or executive committee, a~ the ca~e may be, may decide z.nd shall observe ~uch rule~ of procedure in regard to transaction of business at their meetings including quorum as may be p1 escn bed .
(8) All question~ at a meeting of the Board and executive conmultc (.
~hall be decided by a majority of the members present and \'oting
(9) The Board or the executive committee may associate with 1t~c l1 in such manner and for such purpose~ as may be presCJibed by regulatiOn~, any person whose ass1~tance or ad vice the Board or the executive commnt, ~, as the case may be, may de~1re to have in the performance of any of thor functions under this Act, and tltc persom so associated shall have the right to take part in the meetmgs of Board or the executive comrmttec a~ the ca~c may b~, relating to that purpose but shall not be cnlitlcd to vote.
, (I 0) The pl'Oject management agency ~hall' render nccc~s;>.J y ass•~tance to the Boa•d m t],e diScharge of Its functiOns uncle• thiS Act .