Section 4
Conditions of service of members.
The Oil Industry (Development) Act, 1974
About this Act
An Act to provide for the establishment of a Board for the development of oil industry and for that purpose to levy a duty of excise on crude oil and natural gas and for matters connected therewith.
Every person appointed as a whole-time member of the
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
and the other members of the Board and such of the members of any ad hoc Committee constituted under sub-section (6) of section 3 as are not members of the Board shall be entitled to such allowances, if any,
and such other conditions of service, as may be prescribed.