Amendment status not verified — confirm the current text below against the official source.
(1) Applications for S tate-aid shall bo made ~ ~ ~ l i c ~ ~ i ~ ~ to the authority c-mpowered to give the State-aid in r3r State-a'd such form and shall contain such particulars as may be prescribed. (2) No State-aid shall be given of an mount or valuo exceeding such sum as may be prescribed udess the application thorefor bas been published in tllo prescribed manner together with a notice caning upon porsons objecting to the giving of sucIz aid to submit thcir objections in such manner as may be prescribed, (3) The State Government or the authority to whom the State Government has delegated its power to give Stzteaid, as the case may be, shall consider overy such objection and after making such enquiry, jf any, as it may em necessary, shall make an order either admittins or disallowing it. (4) Every application for Statc-aid of an mount or value cxceeding thirty thouand rupees in respect of any one industry not being an application for the disposal of which power has been delegated underq . - section 5, shall be placed before the Board at a meeting for its advice and no such application shall be allowed if a majority of the mombers of the Board present at the meeting adviso its rejection. ( 5 ) If an application for State-aid is rejected in whole or in part by an authority to whom power has been delegated under section 5, tho State Government may, on its own motion or on an application made j~ this behalf, rovise the order and give such aid in such form and of such amount as it may deem fit. (6) Every application for State-aid shaI1, as far as practicable be disposed of within a period of three months from the date of the application. Provisions regulating the giving of State-aid otherwise than bY the supply of machinery on hire purchase system limitation