(1) The Board shall, subject to the provisions of this Act, have powers to do all such acts as may be necessary for carrying out its functions under this Act.
(2) Without prejudice to the generality of the foregoing provisions such powers shall include the powers––
(a) to set up collection, grading and selling centres for pashmina and wool ;
(b) 1[to register dealers, wool classers,] sheep breeders and wool collectors ;
(c) to enter into such contract or arrangements with any person as the Board may deem necessary for performing its functions under this Act ;
(d) to borrow money, issue debentures, bonds or stocks and manage its funds ; and
(e) to incur expenditures and grant advances for performing its functions under this Act.
(2) Without prejudice to the generality of the foregoing provisions such powers shall include the powers––
(a) to set up collection, grading and selling centres for pashmina and wool ;
(b) 1[to register dealers, wool classers,] sheep breeders and wool collectors ;
(c) to enter into such contract or arrangements with any person as the Board may deem necessary for performing its functions under this Act ;
(d) to borrow money, issue debentures, bonds or stocks and manage its funds ; and
(e) to incur expenditures and grant advances for performing its functions under this Act.
Source footnotes
1. Substituted by Act XVII of 1983, s. 5.आगे पढ़ें / Continue reading
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Next · Section 16Powers of the Board to undertake other projects. →All sections / सभी धाराएँTHE JAMMU AND KASHMIR STATE SHEEP AND SHEEP PRODUCTS DEVELOPMENT BOARD ACT, 1979 →
More sections of this act
Section 1 · Short title, extent and com-mencement.Section 2 · Definitions.Section 3 · Establishment of the Board.Section 4 · Constitution of the Board.Section 5 · Disqualification for being a Member.Section 6 · Term of office of the Members.Section 7 · Casual vacancy.Section 8 · Appointment of employees of the BoardIndia Code, Government of India. Text fetched 16 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.