The Trustees may make regulations consistent with this Act for all or any of the following purposes, namely: -
(a) The manner in which meetings of the Trustees shall be convened, the quorum for the transaction of any business thereat and the procedure at such meetings;
(b) The manner in which a majority decision of the Trustees shall be obtained by circulation to the Trustees of the matter requiring decision;
(c) The term of office of members of the committee of management, their powers and duties, and the circumstances in which and the conditions subject to which such powers and duties may be exercised;
(d) The appointment of such officers and servants as may be necessary for the purposes of the Trust, and their terms and conditions of service.
[Properties vested in Trustees at commencement of Act]
(See section 6)
1. The piece of land known as the Jallianwala Bagh, Amritsar, measuring 49 kanals 17 marlas, that is to say, 6 37/160 acres or there a bouts.
2. Two pieces of land, one measuring 49 1/2 by 31 feet or thereabouts, and the other 35 by 9 1/4 yards on the east and by 8.yards on the west or thereabouts, and conveyed to the then Trustees of the Memorial by a deed of sale, registered on the 20th September, 1920.as No. 5960, Bahi No. 1, Volume No. 1572, pages 19 to 46 of the office of the Registrar, Amritsar.
3. All the buildings and other structures standing on the lands referred to in items 1 and 2 above.
|Item||Description of investments||Amount No. Rs.||A.||P.|
|1.|| Government of Madras, 3 loan, 1952, |
No. D. H. 000034.
|25,000|| 0|| 0|
|2.|| Government of Madras, 3 loan, 1952, |
No. D.H. 000035
|25,000|| 0|| 0|
|3.||Fixed Deposit in the Central Bank of India, Ltd., Amritsar||1,10,000|| 0|| 0|
|4.||Interest accrued on Item 3 up to 14th November 1950.||2,750|| 0|| 0|
|5.||In current account in the Central Bank of India, Ltd.,Amritsar||6,586|| 1|| 1|
|6.||Government of Uttar Pradesh loan, 1960, purchased |
through the Punjab National Bank, Amritsar.
|7.||Amount placed in sundries in the Punjab |
National Bank, Amritsar
|8.||Fixed Deposit in the Bank of Nagpur, Ltd., |
Wardah, under receipt No. 00518.
|9.||Interest on Item 8 above||3,681||4||0|
|10.||Fixed Deposit in the Bank of Nagpur, Ltd., |
Wardah, underrecipt No. 00519.
|11.||Interest on Item 10 above||1,310||14||0|
|12.||In current account with Messrs. Bachharaj and Co.,|
|13.||Cash in hand on 24th November 1950||1,872||9||9|
|14.||Moneys due from Government by way of refund |
of Amount not excess income-tax. known.