THE COCONUT DEVELOPMENT BOARD ACT, 1979

ACT NO. 5 OF 1979 · Enacted [17th March, 1979.] · 21 sections

PRELIMINARY

Section 1.Short title, extent and commencement.

Section 2.Declaration as to expediency of control by the Union.

Section 3.Definitions.

THE COCONUT DEVELOPMENT BOARD

Section 4.Establishment and constitution of the Board.

Section 5.Salary and allowances and other conditions of service of Chairman and allowances of members.

Section 6.Resignation of members.

Section 7.Officers of the Board and other staff.

Section 8.Special provision for transfer of employees to the Board.

Section 9.Committees of the Board.

Section 10.Functions of the Board.

Section 11.Dissolution of the Board.

FINANCE, ACCOUNTS AND AUDIT

Section 12.Grants and loans by the Central Government.

Section 13.Constitution of Coconut Development Fund.

Section 14.Borrowing powers of the Board.

Section 15.Accounts and audit.

CONTROL BY CENTRAL GOVERNMENT

Section 16.Directions by Central Government.

Section 17.Returns and reports.

MISCELLANEOUS

Section 18.Protection of action taken in good faith.

Section 19.Power to make rules.

Section 20.Power to make regulations.

Section 21.Rules and regulations to be laid before Parliament.