Section 8: Officers and other employees of Corporation.

The National Co-operative Development Corporation Act, 1962Central Act · Act 26 of 1962

(1) The Central Government shall, in consultation with the Corporation, appoint a person to be the [managing director].

(2) Subject to such rules as may be made by the Central Government in this behalf, the Corporation may appoint such other officers and employees as it considers necessary for the efficient performance of its functions.

(3) The methods of appointment, the conditions of service and the scales of pay of the officers and other employees of the Corporation shall,--

(a) as respects the [managing director], be such as may be prescribed; and

(b) as respects the other officers and employees, be such as may be determined by regulations made by the Corporation under this Act.

[(4) The managing director shall exercise such powers and perform such duties as the Board may entrust or delegate to him.]

Where this provision sits

Act	The National Co-operative Development Corporation Act, 1962
Section	8
Marginal note	Officers and other employees of Corporation.
Jurisdiction	Central
Status	In force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

substituted. . Subs. by s. 7, ibid., for "Secretary of the Corporation" (w.e.f. 1-4-1974).
substituted. . Subs. by s. 7, ibid., for "Secretary" (w.e.f. 1-4-1974).
inserted. . Ins. by s. 7, ibid. (w.e.f. 7-4-1975).

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