Act Number: 33

Act Name: The Indian Institute of Management Act, 2017

Year: 2017

Enactment Date: 2017-12-31

Long Title: An Act to declare certain Institutes of management to be institutions of national importance with a view to empower these institutions to attain standards of global excellence in management, management research and allied area of knowledge and to provide for certain other matters connected therewith or incidental thereto.

Ministry: Ministry of Human Resource Development

Department: Department of Higher Education

Section 34: Power of Central Government to make rules.
    (1) The Central Government may, by notification, make rules, for carrying out the provisions of this Act.
     (2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:—
         (a) such other powers and duties of the Board under clause (w) of sub-section (2) of section 11;
         (b) the term and conditions of service of the Director under sub-section (2) of section 16;
         (c) the travelling and such other allowances payable to the members of the Coordination Forum for attending its meetings or its Committees under sub-section (4) of section 29;
         (d) any other matter which is to be or may be, prescribed or in respect of which provision is to be made by the Central Government by rules.
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