Amendment status not verified — confirm the current text below against the official source.
( 1) (a) smaU Industrie&, Khadl and Cottape lndustri~s rogist.red under this Aet stlall ~e exempttd from payment Gf earnest money anti security . deposit for items in respl"Ct of which the units are registered. However, medium and large units have to par earnest meney and 1ccuri1y deposit at aay be prescribed. (b) It«ms of stores mentioned in Schedulct-H, be known as "Reserved Iteni", shall be purchased by all requirin~ autht'rities from ro1istered industries : .Provided that where the DirectoT with the p1ior app• roval of- the Chairman of the State Board certifies that the capacity for production wit~in Ue State of any such itein h1u oxhaus1ed, purchast1 from the open market as per usual pxocedurc as long as this c1o1Itificate remaining in force. (c) Items of store• mentioned in Scr. ed ule-111 shall be purchased by requiring authorities from ASTDC. ASIDC shall foll?w the guidelinll§ regarriing · fi1:ation of price, commi- iSi JD etc. as !aid down in office memorandum Issued by Notidcation No. PE-61/88/1, · dated 28th March 1988 as in ... Schedule-IV . . (d) The State Governmeot s!aal1 from time to time publish a list nf storai whien shall be purcilasecl by requi- ring authoritie.i only from lndu.strial units. having valid Store Purchas.: Registration and in accordaac<; with the . policy laid dewn by the State Board. (2) In respect of items of stores other than thoee mc11tioncd in Schedule-II er co,.ered by tbe Act price preference shall be given to . registered industries (or &ocir authorised agents and dealers) upto 15 per cent in case of Cottage Industries, 10 per ceot in ca"-e of Small lnd ustrie11 and 5 per tent in Gase of other industries 0f Allam. (S) .Without prejudice to the other provisions of the Act other things being eEJual, registered induatries should be preferred to units not so registered and within ihe industries so registered preference should b~ given to ci>ttag~ industries, small industries snd other ind11strie1 in tlu.t order, by giving a price preference upto 10 per cent and S p' r crnt to registered eottage and small indu~trles respectively over registered other industries. " T_HE '.A:7.~ZE'ITE, EXTRAORDINARY, JWLY 18, 1989 963 ~urch~se ,