Bare ActsThe Assam Industrial Infrastructure Development Corporation Act, 1990

Section 15

The functions of the Corporation shall Fu cctiooi

Amendment status not verified — confirm the current text below against the official source.

The functions of the Corporation shall Fu cctiooi. b e— (i) generally to promote and assist in the rapid and orderly establishment, growth and development of industries, trade and commerce, in the State of Assam; and (ii) in particular and without prejudice to the generality of clause (i)— (a) to establish and manage industrial and Commercial estates at places selected by the State Government; (b) to develop industrial areas and growth centres selected by the State Govern­ ment for the purpose and make them available for undertakings to establish themselves; (c) to undertake schemes or works, either jointly with other corporate bodies or institutions, or with local authorities, or on an agencv basis, in furtherance of the purposes for which the Corporation is established and all matters connected therewith ; (d) to provide or cause to be provided amen­ ities and common facilities in industrial estates, commercial estates and industri­ al areas and growth centres and cons­ truct and maintain or cause to be main­ tained works and buildings therefor; (e) to make available plots of land build­ ings, and amenities on lease/licence/hire or 50 THE ASSAM GAZETTE, EXTRAORDINARY, fEB. 14, 1981 sale to industrialists or persons intending to start industrial undertakings; (f) to construct buildings for the housing of the employees of such industries and employees of the Corporation; and (g) to div er sify its ac tiv ities with prior app­ ro va l of the Go vt, if such diversificatio n is deemed ne cessary for prop er functio ning of the Corporation. w^ra'ofthr S u b l e c t the othe r provisions of this Cpororation Act, the Co rporation sh all ha ve pow er - ... • •; .. VK'-’W-- gr~y. " r- -A. (a) to acqu ire and hold such prop erty, both mov ab le and im movable, as the Co rp ora­ tion may deem ne cessary for the per fo r­ mance of an y of its activ ities, and to lease, sell, exch an ge or othe rw ise tran s­ fe r an y pro per ty held bv it on such con­ ditions as m ay be deemed prop er b v the Corporation: fb) to pu rcha se by ag reem en t or to take on lease or un der an v form of tenan cy any lan d, to erect such bu ild ings and to exe­ cute such other wor ks as may be necess­ ary for the purpose of ca rr yi ng out its duties and fun ctions: (c) to allot plots, fa ct ory sheds or bu ildings or pa rts of buildings, includ ing reside n­ tial teneman ts and am enities to suita ble perso ns in the indu strial and com mercial estates gr ow th cen tres, and industria l areas established or de velope d bv the Co rporation and to ex ec ut e lea se deed or an v other agreem ent wher ev er necessa rv; (d) to mod ify or rescind such allotments, includ ing the righ t and po wer to ev ict the allottees concerned on brea ch of an y of o THE ASSAM GAZETTE, EXTRAORDINARY, FEB, 14, 1991 51 the terms and conditions of the lease deed or any other agreem ent; w s s i (e) to constitute advisory committees to advise the Corporation ; ..ngn (f) to engage suitable consultants or persons having special knowledge or skill to ass­ ist the Corporation in the performance of its functions; " ' , z ■ \ v ■ (g) to enter into and perform all such con­ tracts as it may consider necessary or expedient for carrying out any of its functions ; and ..* ’.... - .. ” -..... —s—y....... (h) to do such ot he r things and pe rfor m such acts as it may ihink necessary or expedient for the proper conduct of its functions and for carrying into effect the purposes of this Act. tlon^foXrs

Section 15 – The Assam Industrial Infrastructure Development Corporation Act, 1990 | DailyLaw.ai