Board may exercise all multi state cooperative society such powers as may be necessary or for the purpose of carrying out its functions under this Act. (2) Without prejudice to the generality of the foregoing powers, such shall include the power (a) to admit members; (b) to interpret the organizational objectives and set up specific goals to be achieved towards these objectives; (c) to make periodic appraisal of operations; (d) to appoint and remove a Chief Executive and such other employees of the society as are not required to be appointed by the Chief Executive; (e) to make provisions for regulating the appointment employees of the multi state society and the of pay, allowances and other conditions of service of, inch disciplinary action against, such employees; (f) to place the annual report, annual financial settlement of disputes for credit cooperative society, plan and budget for the approval of the general body; (g) to consider audit and compliance report and place the before the general body; (h) to acquire or dispose of immovable property; (i) to review membership in other cooperatives; (j) to approve annual and supplementary budget; (k) to raise funds; (1) to sanction loans to the members; and (m) to take such other measures or to do such other acts as may prescribed or required under this Act or the bye-laws or may be delegated by the general body. of the 2002 Act is corresponding to Section 42 of the 1984 Following provision has been inserted in the 2002 Act: Under clauses (f), (g) and (i) of sub-section (2) of Section 49 three powers and functions of Board have been inserted. Board has right to exercise all such powers as may be necessary expedient for the purpose of carrying out its functions. This is very for the proper functioning of the cooperative society as it is the Board which has to the society to the outside world and to act on its behalf. Besides all such powers as may be necessary or expedient for the of carrying out its functions, the Board has following powers: (a) Admit members, (b) Interpret organizational objectives and setting up specific goals be achieved towards these objectives, (c) Make periodic appraisal of operations, (d) Appointment and removal of Chief Executive and such employees of the society as are not required to be appointed by Chief Executive of the 2002 Act is corresponding to Section 42 of the 1984 Following provision has been inserted in the 2002 Act Under clauses (f), (g) and (i) of sub-section (2) of Section 49 three powers and functions of Board have been inserted. Board has right to exercise all such powers as may be necessary expedient for the purpose of carrying out its functions. This is very for the proper functioning of the society as it is the Board which has to the society to the outside world and to act on its behalf. Besides all such powers as may be necessary or expedient for the of carrying out its functions, the Board has following powers: (a) Admit members, (b) Interpret organizational objectives and setting up specific goals be achieved towards these objectives, (c) Make periodic appraisal of operations, (d) Appointment and removal of Chief Executive and such employees of the society as are not required to be appointed by Chief Executive. (e) Make provisions for regulating the appointment of employees of the multi state cooperative society and the scales of pay, allowances and other conditions of service, including disciplinary action against such employees, (f) Place annual report, annual financial statements, annual plan and budget for the approval of the general body, (g) Consider audit and compliance report and place it before the general body, (h) Acquire or dispose of immovable property, (i) Review membership in other co-operative society, (j) Approve annual and supplementary budget, (k) Raise funds, (1) Sanction loans to members, and (m) Take such other measures or do such other acts as may be prescribed or required under Act or bye-laws or as may be delegated by general body.