The Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003
Central · 2003
- S. 1Short title and commencement.
- S. 2Definitions.
- S. 3Undertaking of Development Bank to vest in Company.
- S. 4General effect of transfer and vesting of undertaking.
- S. 5Provisions in respect of officers and other employees of Development Bank.
- S. 6Concession, etc., to be deemed to have been granted to Company.
- S. 7Tax exemption or benefit to continue to have effect.
- S. 8Guarantee to be operative.
- S. 9Shares, bonds and debentures to be deemed to be approved securities.
- S. 10Act to have overriding effect.
- S. 11Application of other laws not barred.
- S. 12Amendment to certain enactments.
- S. 13Substitution in Acts, rules, regulations or notifications by Company in place of Development Bank.
- S. 14Power to remove difficulties.
- S. 15Repeal and saving of Act 18 of 1964.