Bare ActsKerala Cooperative Hospital Complex, the Academy of Medical Sciences and Allied Institutions (Taking over and Administration) Act, 2019

Section 9

Deductions from the payable amount.--

Amendment status not verified — confirm the current text below against the official source.

The Government shall be entitled to deduct the following sums from the amount specified in Section 8, namely:- (a) amount, to be repaid by the societies from amount so far given by the Government; (b) all amounts and its interest due to the Government from the societies; (c) the amount due to any financial institutions to which societies are indebted, which are repaid by the Government on behalf of the societies in that account; (d) amount spent by the Government, by any other means, for the societies or establishments; (e) the balance amount of loan which are availed by the societies from various financial institutions, on Government guarantee or otherwise, its interest and guarantee commission; (f) any other amount determined by the Special Officer to be repaid as a result of vesting of the establishments in the Government as per Section 4.

Section 9 – Kerala Cooperative Hospital Complex, the Academy of Medical Sciences and Allied Institutions (Taking over and Administration) Act, 2019 | DailyLaw.ai