27. Power of Central Government to make rules.-
(1) The Central Government may, by notification in the Official Gazette, make rules to give effect to the provisions of this Act:
Provided that when the Board has been established, no such rules shall be made without consulting the Board.
(2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:-
(a) the term of office of, and the manner of filling casual vacancies among, the members nominated under clauses (c) and (d) of sub-section (1) of section 5;
(b) the travelling and other allowances payable to a member other than the Chairman and to a person associated with the Board under section 10;
(c) the disqualifications for membership of the Board and the procedure to be followed in removing a member who is or becomes subject to any disqualification;
(d) the conditions subject to which, and the mode in which, contracts may be entered into by or on behalf of the Board;
(e) any other matter which has to be or may be prescribed.
(3) Every rule made under this section shall be laid as soon as may be after it is made before each House of Parliament while it is in session for a total period of thirty days which may be comprised in one session 1[or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid] both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.