(1) Subject to the approval of the Authority, the term of the Managing Committee shall be for three years from the date of election of itsoffice-bearers:
Provided that the Authority may, for good and sufficient reasons, extend such •term for a maximum period of one year.
(2) The newly constituted or reconstituted Committee shall start functioning immediately after the election of its office-bearers. The outgoing secretary shall handover the books of accounts, other records and funds, to the newly elected secretary within three (3) days •from the date of election of the •office- bearers of such newly constituted or reconstituted Committee.
(3) Every member of the Committee shall •have to vacate •his office on the ex three years unless there is a s piry of the terms of pecial approval of the Authority extending the terms of the Committee.
THE KOLKATA GAZETTE, EXTRA ORDINARY, FEBRUARY 4, 2006 [Part-1 225