(1) Subject to the rules made in this behalf, the Government shall appoint a Chief Executive Officer to the Board.
(2) Subject to the provisions of sub-section (1) and the rules made in this behalf, the Board may appoint the order paid officers and servants as are necessary for the efficient performance of its functions.
(3) The Chief Executive Officer and other paid officers and servants of the Board shall be whole- time Government Servants.
(4) Subject to the superintendence of the Board, the general control and direction over all the officers and staff of the Board shall be vested with the Chief Executive Officer.
(5) Notwithstanding anything contained in any other law for the time being in force, on and from the 17th November, 1981, the paid officers and servants in the employment of the Board shall become whole-time Government servants.
(6) The salaries, allowances, pensions and other remuneration of the Chief Executive Officer and other paid officers and servants of the Board shall be paid in the first instance from the Consolidated Fund of the State. The Board shall, out of the Market Board Fund, repay to the Government the amounts paid by the Government under sub-section (5).
(7) Notwithstanding anything contained in this Act and subject to the provisions of Article 311 of the Constitution, the Government may make rules regulating the conditions of service of the officers and the servants of the Board.
(8) Any rule under sub-section (7) may be made so as to have retrospective effect on and from a date not earlier than the 17th November, 1981.