Amendment status not verified — confirm the current text below against the official source.
Power to make rules.- (1) The Government may, by notification in the Official Gazette, make rules, consistent with this Act for carrying out all or any of its purposes. (2) In particular and without prejudice to the generality of the foregoing power, the Government may make rules regulating or determining all or any of the following matters, namely :-- (a) the manner of calculating the annual gross income of a person for the purpose of grant of loans under this Act; (b) the forms of the applications to be made and deeds to be executed in respect of loans; (c) the mode in which payment of loans is to be made; (d) the forms of notices to be given or declarations to be made by the controlling authority; and (e) the purposes for which loans may be sanctioned under this Act. (3) Every rule made under this Act shall be laid, as soon as may be H. P. BACKWARD CLASSES (GRANT OF LOANS) ACT, 1969 5 after it is made, before the Legislative Assembly while it is in session, for a total period of not less than fourteen days which may be comprised in one session or in two or more successive sessions, and if before the expiry of the session in which it is so laid or the sessions aforesaid, the Assembly makes any modification in the rule or decides that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be, so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.