( l ) The1 e shall be constituted a State aid to Industries Board cons1st10g of the following members, namely.- ' / (a) 1 lic Director ol lu<lusl11c:. and Couune1<.e , c.\ tdfnio j ' 202
(b) An officer of the Finance Department of the Government Sec1etdriat not below the r.mk of a Joint Secretary to be nominated by the Government ,
(c) An office1 of the Industi ies Department of the Government Secretariat not belov. the rank of a Deputy Secretary to be nominated by the Government ;
(d) Three members lo be elected by the members of the Kcrala \.. ;
Legislative Assembly ft om among themselves in accordance with 1 lic ..I\ system of p1op01 t1onal 1epresentauon by means of the <;ingJe transferable j vote;
(e) Three members rep1esenti11g industrial and commercial interests to be nominated by the Gove1 nment ,
(f) Two members representmg organised trade unions to be nominated by the Government , and
(g) One member representing economtSts or statisticians to be nominated by the Government.
(2) The Director of Indust1 ies and Commerce shall be the Chair· man of the Board.
(3) The nomination> elect1on, resignation or 1emovcl of the members of the Board shall be notified by the Government in the G..L~ette.
(4) The Board shall assist the Gove111menl m dealing with c1.pphcations for the grant of !:>tc1.te aid unde1 this Act.
(5) All questions at a meetmg of the Boctrd shall Le decided by the vole:. of the m aJOl ity of the members prc::.cnt and voling.
(6) No member !>hall vote on or tc1.kc pa1 t in the discus:.ion of c1.ny questiou coming up fot con~idcration .it a meeting of the Board if the questJ011 is one in which he has any direct or i11direcl pecunia1 y interest by himi,clf or his partner 01 in wluch he i:. i11lc1csted profcss1onally on behalf of a chent 01 a:, agent for any person o the1 thau the Government or a local authority.
( 7) No proceeding:. of the Board :ihall be deemed lo be invc:th<l on account of any defect 01 irregularity in the Constitution of the Board or any vacancy thereof.