(1) T.pe Board of trustees; shEili ,COllSi$t of -sliGh;,lil:lmbe~' of persons ntJt less than three and 11~t :J:,l1oretllaTi:;r;lh~®i:asmayhe detel'lnined by the Board, to be appoil1t~cl by the, Bank. . . '. .
(2) The power to appoint the trllste~s .sha:d be vestej:l, with tht:;:, B;mk and all sllch Appointments shaHbe n,1ac1ein writing. ,;1
(3) The Bank shall nominate one of the, tr4s't¢es to, 'be the' Chairman of the Board of' , trustees.' The Bank Shall also 110millate 'a, trust~~, to be an al'ternate Chairman -Who shall act;
as Chairman: hi th~ absf:nic~ ot'the Chairman, ' I' . l , ,
9. Tnlstl'leS to can-y out the dir:ection,g oJ'tJi.0 Bank . ...:..The t:llstecs shaH comply with all sll~h djr~Gt1ons as rnay PC?given by the ,Bank for the proper fUTlctioning ofth~ :Fund;
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44 TIm'GAzETTE OF1NDIA:E.XT:RA0RDIN'.A.1:ZY·~ .. .' - _. ,,' .. ."_. ~~-.. ., .. '. . - - .
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- '" • - -', . - :.... • - -. ~> -' " ,.,' -' • . 'I - - ", 10: nb'6k~' of acco~hts' br'ih_c FlPid. c:_ U) Th~"Efc~oUnts ofth!:? Fund shall 'contain '.the -particulars ot all: :finitiGia.l:···tr~€a:ci~lon·s:' l:dit1llg t.~' th~ Fimd in suc~ fmr8'. as m~y: be specified by the Bank. . , .. ." . .'. '. .
(2)' Withiii one hundred a11d eigll:bj days [tom the G.l~sing of each;financiat:y~ar" the Tn.ist shall prepare a finmcia.rEtat~J.i\ent of tb.'7Trust irl<;lici(til1K therein the general ;account of assets a!1d liabilities of theTru,lIt',@8- :I:otYT?xd a copy'ofthb sanif} to the'Batl.k.: "',' ..
'(3) TIle ac'bo:ri~ts ottli.e·Puild shaH be ai~ited hi.'~G,¢Qrqanc~wIth the proybions of sectiCh .
'40 of the Act: . .." . ; !'. '. ....
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