The Assam Industrial Infrastructure Development Corporation Act, 1990
assam · 1991
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 2Section 2 defines key terms used in the Assam Industrial Infrastructure Development Corporation Act, 1990.
- S. 3Section 3 establishes the Assam Industrial Infrastructure Development Corporation to promote industrial growth in Assam.
- S. 4Section 4 outlines the composition of the Assam Industrial Infrastructure Development Corporation's board.
- S. 6Section 6 disqualifies certain individuals from being directors of the Assam Industrial Infrastructure Development Corporation.
- S. 8Section 8 details conditions under which a Director of the Corporation may cease to be a member.
- S. 10Section 10 allows the Corporation to fill director vacancies promptly and enables other directors to act in the Chairman's absence.
- S. 12Section 12 ensures that valid appointments of the Corporation's Chairman or Director are not invalidated by personal defects.
- S. 13(1) The State Government shall appoint a the corpora- Managing Director who shall be the Chief Execu tion
- S. 15The functions of the Corporation shall Fu cctiooi
- S. 17Section 17 authorizes the Managing Director or an authorized officer to authenticate Corporation documents and levy service charges.
- S. 18Section 18 allows the Corporation to levy development fees to cover expenses for infrastructure and amenities.
- S. 20Section 20 vests all property, funds, and assets in the Corporation to be held and applied for the purposes of the Act.
- S. 21Section 21 establishes the Corporation's fund to be credited with various income sources including grants, fees, and property disposals.
- S. 22Section 22 authorizes the State Government to provide equity capital, grants, loans, and advances to the Corporation as needed.
- S. 23Section 23 allows the Assam Industrial Infrastructure Development Corporation to borrow funds and issue bonds, with state government guarantees and oversight.
- S. 31Section 31 exempts Corporation premises and tenancies from certain rent control and planning acts.
- S. 32Section 32 allows the State Government to order land acquisition for the Corporation under the Land Acquisition Act if agreement fails.
- S. 33Section 33 allows the State Government to transfer any state-owned land to the Assam Industrial Infrastructure Development Corporation for its purposes.
- S. 35Section 35 allows the Assam Industrial Infrastructure Development Corporation to compel landowners to provide amenities or developments and to cover costs if they fail to do so.
- S. 36(j) Where the erection of any building in bSung
- S. 38Section 38 penalizes unauthorized construction or use of buildings in industrial areas contrary to the terms of the Act.
- S. 40Section 40 authorizes state officials and corporation members to enter land for inspections, surveys, and construction examinations, with certain notice and respect for occupants' rights.
- S. 41The State Government may, by notifica tion nay
- S. 42Section 42 allows the State Government to override local authorities' unreasonable conditions for industrial amenities.
- S. 44Section 44 mandates that any notice or document issued under the Act must specify a reasonable time for compliance if no time is fixed in the Act or related rules.
- S. 47The section allows the State Government to dissolve an industrial estate or area managed by the Corporation if its purpose is achieved.
- S. 48Section 48 allows the State Government to dissolve the Assam Industrial Infrastructure Development Corporation when its objectives are deemed achieved.
- S. 49Section 49 of the Assam Industrial Infrastructure Development Corporation Act, 1990 restricts court jurisdiction over offenses related to the Corporation's property and allows the Corporation to compound such offenses.
- S. 54(1) The State Government, may by notifica- make rules
- S. 55(1) The Corporation may, with the previous ”rion
- S. 57Section 57 deems Corporation members and staff as public servants under the Indian Penal Code.
- S. 59If any doubt or difficulty arises in giving “°VdifficuU effe c t t o the provisions of this Act, State Govern- ties
- S. 1990(2) It extends to the whole of the State of Assam