State Agricultural Credit Corporation Act : Fees and allowances of directors and members of committees.

State Agricultural Credit Corporation Act,1968

Act No : 60

Section : Fees and allowances of directors and members of committees.

18. Fees and allowances of directors and members of committees. Every director and every member of a committee shall be paid such fees and allowances as the Board may, by regulations, determine, for attending the meetings of the Board or, as the case may be, any of its committees, or attending to any other work of the Corporation: Provided that no fees be paid to the Chairman, managing director or any other director, if he is an officer of the Government, Reserve Bank, State Bank, subsidiary bank, 1*[corresponding new bank,] banking company or Food Corporation.