CHAPTER VIIIMISCELLANEOUSPower of Central Government to supersede Authority48. (1) If, at any time, the Central Government is of the opinion,-
| (a) | - | that, on account of circumstances beyond the control of the Authority, it is unable to discharge the functions or perform the duties imposed on it by or under the provisions of this Act; or |
| (b) | - | that the Authority has persistently defaulted in complying with any direction given by the Central Government under this Act or in the discharge of the functions or performance of the duties imposed on it by or under the provisions of this Act and as a result of such default the financial position of the Authority or the administration of the Authority has suffered; or |
| (c) | - | that a public emergency exists, |
the Central Government may, by notification, supersede the Authority for such period, not exceeding six months, as may be specified in the notification and appoint a person or persons as the President may direct to exercise powers and discharge functions under this Act:
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