(1) The Corporation shall consist of the following members, namely :-
( a ) the Minister of Irrigation ex-officio Chairman 1 [ (b) two non-official members from the Vidarbha region to be nominated by the State Government. Vice-Chairman;] ( c ) the Chief Secretary to Government ex-officio Vice-Chairman; ( d ) Secretary ( 1 ) to Government, Irrigation Department ex-officio Managing Director ; ( e ) Secretary (Command Area Development) to Government, Irrigation Department ex-officio Member ; ( f ) Secretary to Government, Planning Department ex-officio Member ; ( g ) Secretary to Government, Finance Department ex-officio Member ; ( h ) Secretary (Forests) to Government, Revenue and Forests Department ex-officio Member ; (i) Secretary (Relief and Rehabilitation) to Government, Revenue and Forests Department ex-officio Member ; ( j ) Secretary to Government, Agriculture Department ex-officio Member ;
(k) three non-official members representing reputed and recognised financial institutions, to be nominated by the State Government ;
(1) five members to be nominated by the State Government, from amongst the members of the Maharashtra State Legislative Assembly ;
(m) three members to be nominated by the State Government from amongst the members of the Maharashtra State Legislative Council ;
(n) two non-official qualified members to be nominated by the State Government having graduation and special knowledge and practical experience, one each from the field of Irrigation and Finance, respectively;
(o) one officer not below the rank of Secretary to Government, from the cadre of the Engineering services of the Irrigation Department to be appointed by the State Government as the Member-Secretary of the Corporation, who shall be designated as the Executive Director of the Corporation. The Executive Director shall be entitled to take part in all the deliberations and proceedings of the meetings of the Corporation but shall have no right to vote.
(2) The term of office of nominated members shall be for a period of one year unless terminated earlier by the State Government :
Provided that, the members of the Maharashtra State Legislature shall cease to be the member of the Corporation if they cease to be members of the Maharashtra State Legislature.
(3) The non-official members of the Corporation nominated under [clauses (b) and (n)] of sub-section (1) shall receive such remuneration and allowance as may be laid down by regulations.
(4) The official members of the Corporation shall receive such compensatory allowances for the purpose of meeting the personal expenditure in attending the meetings of the Corporation, as may be laid down by the regulations.