Amendment status not verified — confirm the current text below against the official source.
In this-Act, unless the context otherwise requries :— (1) "Government Company” has the meaning assigned to it. in Section 617 of the Companies Act, 1056 (1 of 19 o THE ASSAM GAZETTE, EXTRAORDINARY,. APRIL 7, 1984 823 (2) "Industry” means any business, trade, undertaking, manufacture or calling of employees and includes any callings, services, employment, handicraft or industrial occupation or avocation of workmen but shall not include tea plantation and the word "industrial” shall be construed accordingly ; (3) "Notification” means a notification pub lished in the Official Gazette ; (4) "Relief Undertaking” means a State industrial undertaking in respect of which a declaration under Section 3 is in force ; (5) "State Industrial Undertaking” means an industrial undertaking :— (a) which is started or which, or the management of which is under any lavz or agreement acquired or other- <• wise taken over by the State Govern- • ment or by a Government Company and is run or proposed to be run by, or under the authority of the State Government or a Government Com pany ; or ' (b) to which any Ioan, advance, or grant has been given, or in respect of any loan whereof, a guarantee has been given, by the State Government or a Government Company, Declaration 3 The State Government, may, if it is satis- ’ ndertaking if *s n ecessary or expedient so to do in 1 the public interest, with a vie w to enabling the continued running or re-starting of a State Indus trial Undertaking as a measure of prevention or of providing relief against un-employment, declare, by notification, that the State Industrial 824 THE ASSAM GAZETTE, EXTRAORDINARY, APRIL 7, 1984 Undertaking shall, on and from such date and for such period as may be specified in' the notification, be a relief undertaking : Provided that the period so specified shall not in the first instance, exceed one' year but may, by a like notification, be extended, from time to time, by any period not exceeding one year at a time so, however, that no notification issued under this section shall in any case remain in force for more than five years in the aggregate. Application