The Gujarat Electricity Supply Undertakings (Acquisition) Act, 1969.
gujarat · 1969
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1(1) This Act may be called the Gujarat Electricity Supply Undertakings (Acquisition) Act, 1969
- S. 2Section 2 defines key terms used in the Gujarat Electricity Supply Undertakings (Acquisition) Act, 1969.
- S. 3Section 3 nullifies prior notices for compulsory purchase under the Electricity Act and allows the Gujarat Electricity Supply Undertakings (Acquisition) Act to apply instead.
- S. 4Section 4 allows the State Government to acquire a licensee's electricity undertaking if deemed in public interest, subject to certain conditions and approvals.
- S. 5Section 5 vests all property and rights of a licensee's undertaking in the State Government, excluding certain debts and liabilities.
- S. 6Section 6 details compensation for the state government's acquisition of a licensee's electricity supply undertaking and its termination.
- S. 7Section 7 allows licensees to appoint an accredited representative to manage the transfer of assets to the State Government.
- S. 8Section 8 allows the State Government to deduct compensation from licensees if they caused undue loss through improper asset disposal or expenditure.
- S. 9Section 9 allows the State Government to deduct various amounts from compensation payable to a licensee under the Act.
- S. 10Section 10 allows the State Government or licensee to repay outstanding loans and mortgages even if repayment dates have not arrived.
- S. 11Section 11 resolves disputes between the State Government and the accredited representative regarding compensation and property vesting through arbitration by a District or High Court Judge.
- S. 12Section 12 terminates agreements with licensees' agents and provides compensation for remaining unexpired terms upon the undertaking's acquisition.
- S. 13Section 13 provides for retrenchment and compensation for existing staff of licensees upon acquisition of electricity undertakings by the state.
- S. 14Section 14 mandates licensees to provide the State Government with an inventory, audited accounts, and necessary documents for asset valuation and compensation determination.
- S. 15Section 15 allows state government officers to enter licensee's land for surveys and investigations under the Act.
- S. 16Section 16 penalizes false information, failure to hand over assets, and non-compliance with the Act with imprisonment and fines.
- S. 17Section 17 holds individuals in charge of companies or firms accountable for offenses committed under the Act, unless they prove due diligence.
- S. 18Section 18 protects state officials from legal actions for actions taken in good faith under the Act.
- S. 19Section 19 allows the State Government to transfer acquired electricity undertakings to the State Electricity Board on mutually agreed terms.
- S. 20(1) The State Government may, by notification in the Official Gazette, make rules for carrying out the purposes of thi
- S. 21Section 21 overrides conflicting provisions in other specified electricity-related laws when inconsistent with this Act.