Section 7. Powers and duties of the Board

(1) The Board shall be responsible for administering a scheme, and shall the exercise such powers and perform such functions as may be conferred on it by the scheme. 2) The Board may take such measures as it may deem fit for administering the scheme. 3) The Board shall submit to the Government as soon as may be, after the first day of April every year, the annual report of the working of the scheme during the preceeding year ending on Thirty—first March of that year. Every report so received shall be laid as soon as may be after it is received before the Legislative Assembly if it is in session, or in the session immediately following the date of receipt of the report. 4) The Board shall receive all contributions and use such contributions in the manner as it may deem fit in order to achieve the objects of the scheme. 5) In exercise of the powers and discharge of its functions, the Board shall be bound by such directions as the Government, may, for reasons to be stated in writing, give to it from time to time.