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The Punjab Exservicemen Corporation Act, 1978 Complete Act

State: Punjab

Year: 1978

.....or industrial produce whether in the primary form in semi-processed or processed form; (j) "prescribed" means prescribed by rules made under this Act; (k) "processing" means all activities relating to the processing of agricultural produce so as to make it marketable or fit for consumption and includes purchase and storage of raw material, purchase of equipment, and purchase, installation and running of machinery, required for processing and storage of finished produce; (l) "small-scale industry" means a cottage and small-scale industry and includes industry engaged in fabrication, repairs and maintenance of agricultural machinery and equipment, in which capital investment does not exceed five lacs of rupees; and (m) "supply and storage" means supply and storage of agricultural inputs and establishment, maintenance and running of storage, cold storages and warehouses. Section 3 - Establishment of Punjab Ex-Servicemen corporation (1) With effect from such date as the Government may, by notification, appoint, there shall be established for the purpose of this Act a Corporation to be known as the Punjab Ex-Servicemen Corporation. (2) The Corporation shall be a body corporate.....