Section 26 in Oil Industry (Development) Rules, 1975
26. Restriction on Delegation of Powers.
- The Board shall have power to delegate to a Committee such powers as it deems fit but such power shall not have the following namely:-(a)the power to sanction non-recurring expenditure in excess of Rs. 1 lakh in a year on any single item;(b)the power to adopt the budget estimates of the Board on its behalf;(c)the power to write off losses or waive recoveries.
