(1) The Central Board , may by a resolution empower its Chairman to sanction expenditure on any item, whether in the nature of capital expenditure or revenue expenditure, as it may deem necessary for the efficient administration of the fund, subject to financial provisions in the Budget where such expenditure is beyond the limits up to which the Commissioner is authorised to sanction expenditure on any single item.
(2) The Central Board may also, be a resolution, empower its Chairman to appoint such officers and employees other than those mentioned in sub-section (1) and (2) of Section 5-D of the Act, as he may consider necessary for the efficient administration of the Scheme.
(3) All sanctions of expenditure made by the Chairman in pursuance of sub-paragraph (1) shall be reported to the Central Board as soon as possible after the sanction of the expenditure.
