Bare ActsThe Manipur Ceiling on Government Guarantees (Amendment) Act, 2008

Section 7

Power to make rules

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

Power to make rules.-(1) The State Government may, by notification in the official Gazette, make rules for carrying out the provisions of this Act. (2) In partieular and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely,- (a) the conditions and the criteria to be fulfiled by the applicant institution for availing the Government guarantee; (b) the principles and the manner of conducting the risk—' weight analysis of the creditworthiness of the applicant institution and rating/ranking the applicant institution according to such principles; (c) the manner of determination and Ievy 'of the amount of the commission for extending Government guarantee; Copy to:-

Section 7 – The Manipur Ceiling on Government Guarantees (Amendment) Act, 2008 | DailyLaw.ai