(1) Every contract made by the Board shall be entered into in such manner and in such form as may be prescribed and be signed by the Chairman on behalf of the Board:
Provided that—
(a) no contract involving an expenditure of rupees fifty lakhs or more shall be made without the previous sanction of the State Government,
(b) any contract involving an expenditure up to rupees twenty thousand may, in case of urgency, be made by the Chairman without the previous sanction of the Board but shall be referred to the Board at the earliest opportunity.
(2) Sub-section (1) shall apply to every variation or abandonment of a contract as well as to an original contract.
16. Subject to any rule which the State Government may make in this behalf, the Board may by order direct that the power to sign a contract shall be exercisable also by the Housing Commissioner or any other officer specified by it in the order.
Meetings of Board.
Execution of contract.
Delegation of Board's power to sign contracts.
176 The West Bengal Housing Board Act, 1972.
XXXII of 1972.]
(Chapter Housing Schemes.—Sections 17, 18.)
CHAPTER III Housing schemes