(1) For the purpose of determining the amount payable, to the owner of the textile undertaking, the State Government within one month from the appointed day shall, by notification in the Official Gazette, appoint any person or persons having the qualification to become a Company Secretary or a Chartered Accountant, to be the Commission of Assessment who shall exercise the powers conferred, and perform the duties imposed on him by or under this Act.
(2) The State Government may appoint such other persons as it may think fit to assist the Commission and thereupon the Commission may authorise one or more such persons also to exercise all or any of the powers exercisable by him under this Act, and different persons may be authorised to exercise different powers.
Provident and other Funds Appointment of Commission of Assessment 14 of 1947 14 of 1947 6
(3) Any person authorised by the Commission to exercise any powers may exercise those powers in the same manner and with the same effect as if such powers have been conferred on that person by this Act.
(4) The salaries and allowances of the Commission and other persons appointed under this section shall be defrayed out of the Consolidated Fund of the State.