Section 15
Managing Director, Chief Accounts Officer and Financial Adviser.
The Road Transport Corporations Act, 1950
About this Act
An Act to provide for the incorporation and regulation of Road Transport Corporations.
1[15. Managing Director, Chief Accounts Officer and Financial Adviser.--(1) The Managing
Director shall be the executive head of the Corporation and all other officers and employees of the
Corporation shall be subordinate to him.
(2) The Managing Director shall obtain the views of the Chief Accounts Officer and the Financial Adviser or, as the case may be, the Chief Accounts Officer-cum-Financial Adviser, on every proposal involving revenues, or expenditure from the fund, of the Corporation and shall cause such views to be placed before the Board prior to the consideration of such proposal by the Board.]
(2) The Managing Director shall obtain the views of the Chief Accounts Officer and the Financial Adviser or, as the case may be, the Chief Accounts Officer-cum-Financial Adviser, on every proposal involving revenues, or expenditure from the fund, of the Corporation and shall cause such views to be placed before the Board prior to the consideration of such proposal by the Board.]
Notes
1. Subs. by s. 9, ibid., for section 15 (w.e.f. 13-11-1982).