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Section 7
Regulation
: Unless otherwise stated in this Act or the rules and regulations made under this Act, all the activities of the Institute shall be supervised, directed and regulated by the Committee. However, the committee may assign such duties and rights as it deems necessary and proper among its duties and rights mentioned in this Act or the rules or regulations under this Act to the managing director or one or more directors' sub-committees or other officers of the institute to be observed and used.