Amendment status not verified — confirm the current text below against the official source.
Power of Government to require modification or cancellation of rates.- (1) Whenever the Government considers it necessary in the public interest so to do, it may, by order in writing together with a statement of reasons therefor, direct the Board to cancel any of the scales in force or modify the same within such period as the Government may specify in the order. (2) If the Board fails or neglects to comply with such direction within the specified period, the Government may cancel any of such scales or make such modifications therein as it may think fit: Provided that before so cancelling or modifying any scale, the Government shall consider any objection or suggestion which may be made by the Board during the specified period. (3) When in pursuance of this section any of the scales has been cancelled or modified, such cancellation or modification shall be published by the Government in the official Gazette and shall thereupon have effect accordingly.