Amendment status not verified — confirm the current text below against the official source.
'J(1) This Act may be called the ?[Tamil Nadul i 1 extent and Electrmty Supply Under takings (Acquisition) Act, 1954. ~mmencement , (2) It extends to the whole of tllc 3[St;ite of Tamil Nadu] . (3) It shall colllc ;.ntu ibrce at oi~ce. P i I Definitions 2. (1) 111 this Acl, un!css the contcxi o~llcr\\i.sc requires- and inter- * pretation. (a) ': act-o~mt yt,ar " ineails the licensee's financial f year ; f. (6) " accredited rcpresentativc " ineans the re* presentative appoio~ed or tieeined to llave been appointed under sectiolz 7 ; (c) " annual irccount " means the accollnt of the undertaking rcndcrcd to the Government annually under and in accordance with the Electricity Act, or where I no such accoui~ts has to be rendcrcd under that Act, the accollnt of the u;ldertaking norlnally made up for the account ycar of the undertaking and audited by a certified auditor; 4 [ ( ~ ~ ) '' Board " means the Tamil Nadu Electricity Board constituted undtr scction 5 of the Electricity Supply Act ;] (d) " doculncut " in relation to an. undertaking, iilcludes its books, uc~ouiirs, registers, ~lzaps and plans ; - - - --.-- .-- - - - - - . - -.-- A ---- - - I This sub-sicti(>ii wss ;*il),ii!ti ed for the origin:.! sub-section (1) by section 3 01 .' )'::mi 1 I ;, 1: 1t;ciricity U i t C ~ I ti1,kjl1g~ Acquisition Amenc: -tilt AG( , 1957 (, ,117 ; I 'Niid~t AC: V l Of 1957) deemed ta hr,ve came in:a fblce (10 I ~ L L I 2, h Octobcr i 954, 2 These wdrtjs &crG st~b>tili tcd f ~ r the kvortis v'n/Eatisas" by the Tamil N;.tlu (iZ:l;l.pl:l !cii.! i f i.a\vs Orci.c'r, ! Shu, as amendec by the Tamil Nac,u Ac ap;:~til 11 c f Laws (Secutl~! Amendment) Order 1960, 8 This expressl~n has .~bsi,ii~ted for the expression "State of Madras" by the Tmil Na4u Rciala! ztiar~ ( f Laws Order, 1969 as amended by the Tamii N:.itil ihiaptation of Laws (Second Anlend- ment) Order, 196 '. 4 This clause \~;!s i r l \ ~ l le 1 by 5cct ion 2 of L hc Tarnil Nadu Electri. city Supply Ut1iic~1:1kii-ig, (ilcqiti.;itiuri) Amei~tiinent Act, 1969 (Tamil Nadu Act 11 o f 1 !Itr)), v~hic,~ w:is clcemed to have conlc into force on the 1st July 1957, -- - . - 2 d/ 1954 : T.N. Aat XXIX] Electr ieir y Supply 309 linderraki'g (Acquisition) 1 (e) " Electricity Act" means the Indian Electri- city Act, 1910 (Central Act IX of 1910) ; (f) " E1ec:tricity Supply Acr " means ,the Electricity (Supply) Act, 1948 (Central Act LIV of 1948) ; (g) " fixed assets " includes works, spare parts9 stores, tools, motor and other vehicles, office equipment and furniture ; (h) " Government " means the State Government ; (i) " intangible assets " means any amount paid on account of goodwill, under-writers' commission and such preliminary and promotional expenditure shown as a debit'in the capital account of the undertaking, as has fairly arisen in promoting electricity supply ; (j) " licensee " means a person licensed under Part I1 of the Electricity Act to supply t:lectrical energy, or a person who has obtained sanction under section 28 of that Act to engage in the business of supplying electri- city and, in relation to an undertaking taken over or an undertaking which has ve3ted in the Government under section 4, the person who was the licensee at the time the undertaking was taken over or vested in the Government, as the case may be, or his successor-in-interest ; (k) " prescribed " means prescribed by rules made under this Act ; (I) Y~ndertaking taken over" means an under- taking taken over by the Government after the 1st January 1951 and before the commencement of this Act ; (rn) " vesting date " means, ir relation to . an undertaking, the date fixed ut~der ~ection 4, sub-section (1) as the date on which the undertaking shall vest in the Government or in the case of an undertaking taken over, the date on which it was taken over ; (n) " works " includes electric supply lir-0 and any lands, buildings, machinery or apparatus, required to supply energy and to carry into effect the objects of a licence or sanction for the supply of electricity, granted under the Electricity Act ; (0) other expressions shall have the meanings re P pectively assigned to them in the Electricity Act or the rule8 thereunder. --- llsr -0 - I954 : X.N. Act XXIX] Hectricity SZIPP[, 311 Undertakings (Acquisition)