Micro, Small And Medium Enterprises Development Act, 2006

Section - 29 - Power to make rules

Power to make rules.

29. (1) The Central Government may, by notification, make rules to carry 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)- the term of office of the members of the Board, the manner of filling vacancies, and the procedure to be followed in the discharge of functions by the members of the Board under sub-section (4) of section 3;
(b)- the powers and functions of the Member-Secretary under section 6;
(c)- the manner in which the Fund may be administered under sub-section (1) of section 14;
(d)- the criteria based on which sums may be released under sub-section (3) of section 14;
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