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[Cites 0, Cited by 0] [Section 55] [Entire Act]

Union of India - Subsection

Section 55(2) in The National Housing Bank Act, 1987

(2)In particular and without prejudice to the generality of the foregoing power, such regulations may provide for all or any of the following matters, namely:-
(a)the fees and allowances that may be paid to the directors for attending the meetings of the Board or its committees under sub-section (5) of section 7;
(aa)[ the manner in which Directors shall be elected under clause (c-a) of sub-section (1) of section 6;] [ Inserted by Act 15 of 2000, Section 28 (w.e.f. 12.6.2000).]
(b)the times and places at which the Board may meet, and the rules of procedure that may be followed in regard to the transaction of business under sub-section (1) of section 11;
(c)the number of members that the Executive Committee may consist, the functions that it may discharge and times and places at which it shall meet and the rules of procedure that it may follow in the transaction of business under section 12;
(d)the manner and terms of issue and redemption of bonds and debentures under clause (a) of sub-section (1) of section 15;
(e)the manner in which and the conditions subject to which the National Housing Bank may borrow in foreign currency under sub-section (1) of section 16;
(f)the form in which the statements, information, etc., is to be furnished under section 32;
(fa)[ the form of application to be made under section 36-E and the documents to be annexed to such application; [ Inserted by Act 15 of 2000, Section 28 (w.e.f. 12.6.2000).]
(fb)the form in which notice of demand is required to be served on the borrower under sub-section (1) of section 36-F;
(fc)the manner in which the property shall be transferred under sub-section (2) of section 36-G;
(fd)the form in which the appeal can be filed with the Appellate Tribunal under section 36-S and the amount of fee required to be deposited with such appeal;]
(g)the special fund, reserve fund and other funds to be created under sub-section (2) of section 37;
(h)the form and manner in which the balance-sheet and accounts shall be prepared and maintained under sub-section (1) of section 38;
(i)the duties and conduct, salaries, allowances and conditions of service of the officers and other members of staff of the National Housing Bank under section 43;
(j)the establishment and maintenance of provident fund and any other fund for the benefit of officers and other members of staff of the National Housing Bank under section 43; and
[(j-a) the manner in which nomination may be made under sub-section (1) of section 47-A;] [ Substituted by Act 15 of 2000, Section 28, for " regulation or scheme" (w.e.f. 12.6.2000). Earlier it was substituted by Act 47 of 1991, Section 5, for " regulation" (w.e.f. 20.9.1991).]
(k)any other matter which is to be, or may be, prescribed.