Bare ActsThe Talcher Thermal Power Station (Acquisition and Transfer) Act, 1994

Section 33

(1) 1f any difficulty arises in giving 'effect to the provisions of this Act,

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

(1) 1f any difficulty arises in giving 'effect to the provisions of this Act,.the State Government may, bY order, .make such provisions, not effecting thc substance of this Act, as appears to it to be necwary or expedient for removing, the difficulty. (2) No order under sub-sectiph (I) shall be made after the expiration 6f- the pkiod '- . . of two years from the commencement of this Act. (3) Evcry order made uadcr sub4ecaon (I) shal1 be laid as soon as may be, before the State Lejislature and the provisioas of the Orissa General Clauses Act, orisla Act . , . - ,1937 shall apply as they ,apply in. respect of tules madc by the State .Government 1 of 1937. Wei any Orissa Act' . .. : . .. . , _ . . I , , ( See Section 8 ) 1, The amount payable by the Corporation as referred to in Sccticn 8 shall be three hundred and fifty-six crore rupees. 2 Such amaunt shall he paid in the following nanner, namely:- (a) Rupees one hundred mores shall be paid to the State Government of Orissa at the time of vesting the Power Station with the Corporation. (b) T b balance iupecs two hundred and iifly-six ciores shalt be paid as follom: - (0 by adjustment of the cutst~~ding dues of the Corporation against the Board on account of sale of energ and surcharge for delayed r payment, as on the date of vesting o the Power Station with the - Corporation ; and (ii) after such adjustment, the balance . amount shall be paid in five consecutive equal annual in-talmtnt which shall carry intcreslt liability at .the rate of fo~rteen petcenturn. per anpum on the Corpcr7tian. Thc payment of ~nstal ments along with the intc~cst shall commence on the expiry of one year from the date of the do-iw paqrnen of rupees onc hundred crores as mentioned at (a) above. . . I n case of non-payment by the ~oard or its sum&ors, of , : eI~trjcity dues, if anv. for more than tkree months, of any Corporation ' ' station, rbe Corporatioh shall be enlltIed to appropriate tbost dues , from the Bard against its dues to the State Government niter due ttconcjliation of the Corporation accounts with the Board accounts. . . *"= TALCHER THERMAL P.OWER STATION ( ACQUlSlllON AND TRANSRER) . . . . I . . . AMENDMENT ACT, 19H . [Received the n m t of the' eov'ernor oti the 1 sc ~ e b r r r a r ~ ' ~ 996 published irr in.~xfruordinmy irm of the .Orissa Gazette doted the 6th Febrf~ory 19w . . - 4 & Am TO ~ M B N D TAB T H ~ R ~ POWER STATION ( A C Q U I S ~ ~ U N AND TRANSFER) Am, 1991 ' BE it enacted by the Legislature of ihc Stat c of ~rirsa in Ihc Porly-6blb Y c ~ in the Republic of India as follows:- S horl fiu8.

Section 33 – The Talcher Thermal Power Station (Acquisition and Transfer) Act, 1994 | DailyLaw.ai