(a). Person capable of representing the interests of owners of industrial Undertaking in the scheduled industry or group of scheduled Industries.

(b). Persons having special knowledge of matters relating to the technical Or other aspects of scheduled industry or group of Scheduled industries.

(c). Persons capable of representing the interest of persons employed in industrial undertakings in the scheduled industry or group of scheduled industries.

(d). Persons not belonging to any of the aforesaid categories, who are capable of representing the interest of consumer of goods manufactured or produced by the scheduled industry or group of scheduled industries.

(a). A Development council shall prepare and transmit to the Central Government and the Advisory Council, annually, a report setting out what has been done in the discharge of its functions during the financial year last completed.

(b). The report shall include a statement of the accounts of the Development Council for that year and shall be transmitted as soon as accounts therefore have been audited together with a copy of any report made by the auditors on the accounts.

(c). This statement of account shall be in such form as may be prescribed, being a form which shall conform to the best commercial standards, and the statement shall show the total of remuneration and allowances paid during the year to members and officers of the Council.

(d). A copy of each such report of a Development council, or made by the auditors on its account, shall be laid before Parliament by the Central Government.

(a). The Central Government may, if it is satisfied that a Development Council should cease to continue in being, by notified order, dissolve the Development Council.

(b). On the dissolution of Development Council under sub - section (1), the assets of the Development Council, after its liabilities, if any, are met there from, shall vest in the Central Government for purpose of this Act.

(a). There may be levied and collected as a cess for the purpose of this act on all goods manufactured or produced in any such scheduled industry as may be specified in this behalf by the Central government by notified order a duty of excise at such rate as may be specified in the notified order, and different rate may be specified for different goods or difference classes of goods :

Provided that no such rate shall in any case exceed two Anna's percent of the value of the goods.

Explanation :

(1). In this sub section, the expression value in relation to any good shall be deemed to be wholesale cash price for which such goods of the like kind and quality are sold or are capable of being sold for delivery at the place of manufactured and at the time of their removal there from, without any abatement or deduction whatever except trade discount and the amount of duty then payable.

(2). The cess shall be payable at such intervals, within such time and in such manner as may be prescribed and any rules made in this behalf may provide for the grants of a rebate for payment of the cess.

(3). The Central Government may hand over the proceeds of the cess collected under this section in respect of the goods manufactured or produced by any scheduled industry or group of scheduled industries and where it does so, the development Council shall utilize the said proceeds :

» To promote scientific and industrial research with reference to the scheduled industry or group scheduled industries in respect of which Development Council is established

» To promote improvements in design and quality with reference to the products of such industry or group of industries

» To provide for the training of technicians and labour in such industry or group of industries.

» To meet such expenses in the exercise of its functions and its administrative expenses as may be prescribed.