Section 5
Committees of the Board.
The Technology Development Board Act, 1995
About this Act
An Act to provide for the constitution of a Board for payment of equity capital or any other financial assistance to industrial concerns and other agencies attempting development and commercial application of indigenous technology or adapting imported technology to wider domestic applications and for matters connected therewith or incidental thereto.
(1) Subject to the rules made in this behalf, the Board may appoint
such committees as may be necessary for the efficient discharge of its duties and performance of its
functions under this Act.
(2) The Board shall have the power to co-opt as members of any committee appointed under subsection (1), such number of persons who are not members of the Board as it may think fit, and the person so co-opted shall have the right to attend the meetings of the committee, and take part in the proceedings of the committee, but shall not have the right to vote.
(2) The Board shall have the power to co-opt as members of any committee appointed under subsection (1), such number of persons who are not members of the Board as it may think fit, and the person so co-opted shall have the right to attend the meetings of the committee, and take part in the proceedings of the committee, but shall not have the right to vote.