Amendment status not verified — confirm the current text below against the official source.
Appltcatio11for State aid and authorities by whom aid may be granted.-( l } All applications for State aid shall be made in the prescri- bed form to the District Industries Officer of the concerned district. The District Industries Officer shall make such enquiries as may be prescribed and su«;h other enqumes as he deems fit on every such appli- cation. In the case of an appl1cat1on in which the sanctioning authority under sub·'lection (4) is the Regional j oint Director of Industries and Commerce, the Director 01 the Government, the District Industries Officer shall forward the application to the sanctioning authority together with the report of the enquiry conducted by him. Where the sanction mg authority is the Director, the application shall be forwarded to him through the Regional J oint Director of Industries and Commerce and where the '5anctionmg authority ts the Govern1T.ent, the application shall be forwarded to the Government through the Regional joint Director of Indust11es and Commerce and the Director. (2) If the extent of the State aid applied for exceeds fifty thousand rupees and in any other case in which he so considers the D1rccto1 c;ball publish a notice in the pre~cnbed manner, callmg upon any pe1son who objects to the grant of the State aid applied for co state his objections at a time and place to be specified by the Director and shall hear such objections and make such enquiry as may be necessary. (3) Every application for State aid exceeding Rs, 15,000 shall be placed before the Board and shall be granted only with its concur- rencf", . I l\. I t:. f I I J l I ,{ I t 207 (4) Subject to the provisions of sub-section (3) the following authorities ~hall be competent to grant as State aid the amount or value specified against each :- District Industries Officer Regional Jomt Dnector of I nduscries and Com- merce Director Government Not exceeding five thouc;and rupees, Exceeding five thousand, but not exceeding ten thousand rupees. Exceeding ten thousand, but not exceeding twenty-five thousand rupees Exceeding twenty-five thousand rupees. (5) Nothing in sub-section (4) shall be deemed to empower the District Industries Officer or Regional Joint Director of Industriec; and Commerce or the Director to grant State aid on different occasions in respect of the same mdustry, if the aggi·egate amount or value of such aid exceeds five thousand rupees or ten tbousand rupees or twenty-five thousand rupees, as the case may be.