The Chairman of the Governing Board shall be entitled to such salary and allowances and such conditions of service in respect of leave, pension, provident fund and other matters as may, from time to time, be fixed by the Central Government.
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Section 1 · Short title.Section 2 · Definitions.Section 3 · Transfer to, and vesting in, the Central Government of certain undertakings of the Society, trust and bodies.Section 4 · General effect of vesting.Section 5 · Central Government or Foundation to be liable for certain prior liabilities.Section 6 · Power of Central Government to direct vesting of the undertakings in the Foundation.Section 7 · Management, etc., of the undertakings.Section 8 · Duties of persons in charge of management by undertakings to deliver all assets.India Code, Government of India. Text fetched 15 Oct 2026. Source metadata reports last modification: 2025-08-12. Check the linked official text and subsequent notifications when applying a provision.