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Sugar Development Fund (Amendment) Act, 2002 Section 2 - Bare Act

StateCentral Government
Year
Section TitleAmendment of Act 4 of 1982
Act Info:

In section 4 of the Sugar Development Fund Act, 1982, in sub-section (1),--

(i) after clause (a), the following clauses shall be inserted, namely:--

"(aa) for making loans to any sugar factory or any unit thereof for bagasse-based co-generation power projects with a view to improving their viability;

(aaa) for making loans to any sugar factory or any unit thereof for production of anhydrous alcohol or ethanol from alcohol with a view to improving their viability;";

(ii) efter clause (bb), the following clause shall be inserted, namely:--

(bbb) for defraying expenditure on internal transport and freight charges to the sugar factories on export shipments of sugar with a view to promoting its export;".




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