(1) The Central Government may, if the Board does any act exceeding the powers conferred upon it or acts in a manner contrary to the rules or prejudicial to the interests of the industry or acts1[*] contrary to the directions given by the Central Government, call upon the Board to show cause why the Board should not be dissolved and if no explanation is offered or if the Central Government is dissatisfied with the explanation given it may suspend or dissolve the Board from such date and for such period as may be specified in the notification.
(2) When the Board is dissolved under the provisions of sub-section (1)-
(a) All members shall, from the date of dissolution, vacate their offices as such members;
(b) All powers and duties of the Board shall, during the period of dissolution, be exercised and performed by such person or persons as the Central Government may appoint in this behalf;
(c) All funds and other property vested in the Board shall, during the period of dissolution, vest in the Central Government; and
(d) As soon as the period of dissolution expires, the Board shall be reconstituted in accordance with the provisions of this Act.
No coir fiber, coir yarn or coir products shall be exported otherwise than under a licence issued by or on behalf of the Board in the prescribed manner, and the provisions of the Sea Customs Act, 1878 shall have effect as if the provisions made by this section had been made by notification issued under Section 19 of that Act: Provided that nothing herein contained shall apply to any coir product dispatched out of the territories to which this Act extends by post or carried in a passenger's luggage for his personal use: Provided further that the Central Government may exempt from the operation of this section either absolutely or subject to specified conditions, the export of any coir fiber, coir yarn or coir product to any foreign settlement bounded by India.
Note:-Relaxation of the operation of the provision
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