Bare Act Search Results

Unit Trust of India (Transfer of Undertaking and Repeal) Act,2002 Section 8

Title: Administrator to Vacate Office

State: Central

Year: 2002

(1) The Administrator shall, immediately on redemption of all the schemes of the specified undertaking and the payment of entire amount to investors, shall vacate his office; but nothing in this sub-section shall be construed as prohibiting his appointment as a member of the Board of Advisers after vacation of his office as such. (2) On the vacation of his office, the Administrator shall forthwith deliver, to the Central Government or any institution or officer specified by it, possession of all assets and properties representing and relatable to the specified undertaking which are in his possession, custody and control on the date immediately preceding the date on which he vacates his office as the Administrator.

Trust of India (Transfer of Undertaking and Repeal) Act, 2002 Complete Act

State: Central

Year: 2002

.....of the Unit Trust of India in the Administrator and for matters connected therewith or incidental thereto and also to repeal the Unit Trust of India Act, 1963 Be it enacted by Parliament in the Fifty-third Year of the Republic of India as follows:" CHAPTER 1 PRELIMINARY SECTION 01: SHORT TITLE AND COMMENCEMENT (1) This Act may be called the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002. (2) It shall be deemed to have come into force on the 29th day of October, 2002. SECTION 02: DEFINITIONS In this Act, unless the context otherwise requires, (a) "Administrator" means a person or a body of persons appointed as Administrator under Section 7; (b) "appointed day" means such date as the Central Government may, by notification in the Official Gazette, appoint under Section 4; (c) "bank" shall have the meaning assigned to it in clause (d) of Section 2 ot the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 ot 1993); (d) "Development Bank" means the Industrial Development Bank of India established under the Industrial Development Bank of India Act, 1964 (18 of 1964); (e) "financial institution" shall have the meaning assigned to it in clause (h).....

Unit Trust of India (Transfer of Undertaking and Repeal) Act,2002 Chapter 3

Title: Appointment of Administrator to Manage the Specified Undertaking of the Trust

State: Central

Year: 2002

.....agreements relating to specified undertaking entered into by the Trust in relation to its administration and in force immediately before that day. (7) The Administrator shall receive from the funds of the specified undertaking such remuneration as the Central Government may fix. Section 8 - Administrator to vacate office (1) The Administrator shall, immediately on redemption of all the schemes of the specified undertaking and the payment of entire amount to investors, shall vacate his office; but nothing in this sub-section shall be construed as prohibiting his appointment as a member of the Board of Advisers after vacation of his office as such. (2) On the vacation of his office, the Administrator shall forthwith deliver, to the Central Government or any institution or officer specified by it, possession of all assets and properties representing and relatable to the specified undertaking which are in his possession, custody and control on the date immediately preceding the date on which he vacates his office as the Administrator.

Competition Act, 2002 Chapter 9

Title: Miscellaneous

State: Central

Year: 2002

..... 1. Effective from 19.06.2003 by Notification No. SO 715 (E) Dated 19.06.2003. 2. Substituted by the Competition (Amendment) Act, 2007 [Act No. 39 of 2007] for the words "the Commission", w.e.f. 12.10.2007. Section 58 - Chairperson, Members, Director General, Secretary, officers and other employees etc., to be public servants 2[58. Chairperson, Members, Director General, Secretary, officers and other employees etc., to be public servants.-- The Chairperson and other Members and the Director General, Additional, Joint, Deputy or Assistant Directors General and Secretary and officers and other employees of the Commission and the Chairperson, Members, officers and other employees of the Appellate Tribunal shall be deemed, while acting or purporting to act in pursuance of any of the provisions of this Act, to be public servants within the meaning of section 21 of the Indian Penal Code.] _______________________ 1. Effective from 19.06.2003 by Notification No. SO 715 (E) Dated 19.06.2003. 2. Substituted by the Competition (Amendment) Act, 2007 [Act No. 39 of 2007] w.e.f. 12.10.2007. Prior to substitution it read as: .....

Competition Act, 2002 Complete Act

State: Central

Year: 2002

.....or market therefor; or (ii) technical or scientific development relating to goods or services to the prejudice of consumers; or (c) indulges in practice or practices resulting in denial of market access; or (d) makes conclusion of contracts subject to acceptance by other parties of supplementary obligations which, by their nature or according to commercial usage, have no connection with the subject of such contracts; or (e) uses its dominant position in one relevant market to enter into, or protect, other relevant market. Explanation.-For the purposes of this section, the expression - (a) "dominant position" means a position of strength, enjoyed by an enterprise, in the relevant market, in India, which enables it to- (i) operate independently of competitive forces prevailing in the relevant market; or (ii) affect its competitors or consumers or the relevant market in its favour; (b) "predatory price" means the sale of goods or provision of services, at a price which is below the cost, as may be determined by regulations, or production of the goods or provision of services, with a view to reduce competition or eliminate the competitors. SECTION 05: COMBINATION. -The.....

Unit Trust of India (Transfer of Undertaking and Repeal) Act,2002 Chapter 5

Title: Miscellaneous

State: Central

Year: 2002

.....and vesting of the undertaking and the specified undertaking in terms of section 4 shall not be liable to the payment of any stamp duty under that Act. Section 15 - Guarantee to be operative Any guarantee given for or in favour of the Trust with respect to any loan, lease, finance or other assistance shall continue to be operative in relation to the specified undertaking managed by the Administrator. Section 16 - Protection of action taken in good faith No suit or other legal proceedings shall lie against the Central Government or the Administrator, Board of Advisers or any of the officers or other employees of the Central Government for any damage cause or likely to be caused by anything which is in good faith done or intended to be done under this Act. Section 17 - Shares, bonds, debentures and units to be deemed to be approved securities Notwithstanding anything contained in any other law for the time being in force, the shares, bonds, debentures and units of the specified undertaking shall be deemed to be approved securities for the purposes of the Indian Trusts Act, 1882 (2 of 1882) the Insurance Act, 1938 (4 of 1938), and the Banking Regulation Act, 1949. .....

Finance Act, 2002 Chapter IV

Title: Indirect Taxes

State: Central

Year: 2002

.....1944 (1 of 1944) (hereinafter referred to as the Central Excise Act), in section 2, in clause (f),- (i) in sub-clause (ii), for the word "manufacture,", the words "manufacture; or" shall be substituted; (ii) after sub-clause (ii), the following sub-clause shall be inserted, namely:- "(iii) which is specified in relation to any goods by the Central Government, by notification in the Official Gazette, as amounting to manufacture,". Section 133 - Amendment of section 3 In section 3 of the Central Excise Act, in sub-section (1),-- (i) in clauses (a) and (b), after the words "excisable goods" wherever they occur, the brackets and words "(excluding goods produced or manufactured in special economic zones)" shall, with effect from such date as may be appointed by the Central Government, by notification in the Official Gazette, be inserted; (ii) in the proviso,-- (a) in clause (i), the words "or a special economic zone" shall, with effect from such date as may be appointed by the Central Government, by notification in the Official Gazette, be omitted; (b) in Explanation 2, for clause (i), the following clause shall be substituted, namely:-- '(i) "free trade zone".....

Competition Act, 2002 Section 56

Title: Power of Central Government to Supersede Commission

State: Central

Year: 2002

.....expiration of the period of super session specified in the notification issued under sub-section (1), the Central Government shall reconstitute the Commission by a fresh appointment of its Chairperson and other Members and in such case any person who had vacated his office under clause (a) of sub-section(2) shall not be deemed to be disqualified for re-appointment. (4) The Central Government shall cause a notification issued under sub-section (1) and a full report of any action taken under this section and the circumstances leading to such action to be laid before each House of Parliament at the earliest.] _______________________ 1. Effective from 19.06.2003 by Notification No. SO 715(E) Dated 19.06.2003. 2. Effective date:20th May 2009- notified vide Ministry of Corporate Affairs Notification No S.O.1241(E) dated 15.05.2009.

Finance Act, 2002 Complete Act

State: Central

Year: 2002

.....Be it enacted by Parliament in the Fifty-third Year of the Republic of India as follows :- SECTION 01: SHORT TITLE AND COMMENCEMENT -(1) This Act may be called the Finance Act, 2002. (2) Save as otherwise provided in this Act, Sections 2-to116-shall be deemed to have come into force on the 1st day of April, 2002. SECTION 02: INCOME TAX (1) Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 2002, income tax shall be charged at the rates specified in Part I of the First Schedule and such tax as reduced by the rebate of income tax calculated under Chapter VIII-A of the Income Tax Act, 1961(43 of 1961) (hereinafter referred to as the Income Tax Act) shall be increased by a surcharge for purposes of the Union calculated in each case in the manner provided therein. (2) In the cases to which Paragraph A of Part I of the First Schedule applies, where the assessee has, in the previous year, any net agricultural income exceeding five thousand rupees, in addition to total income, and the total income exceeds fifty thousand rupees, then,- (a) the net agricultural income shall be taken into account, in the manner provided.....

The Jharkhand Academic Council Act, 2002 Complete Act

State: Jharkhand

Year: 2002

.....(of traditional or modern type) (l) "Secretary" means the Secretary to the Council. (Inserted by the Jharkhand Academic Council (Amendment) Act, 2006 (Act No. 02 of 2007).) [(m) ˜Joint Secretary' means Joint Secretary of the Council. (n) ˜Finance Officer' means Finance Officer of the Council. (o) ˜Controller of Examinations' Controller of Examinations of the Council. (p) ˜Academic Officer' means Academic Officer of the Council. (q) ˜Recognition Committee' means Recognition Committee of the Council. (r) ˜Courses Committee' means Courses Committee of the Council. (s) ˜Examination Committee' means Examination Committee of the Council. (t) ˜Finance Committee' means Finance Committee of the Council. (u) ˜Governing Body' means the Governing Body of the Inter College. (v) ˜Managing Committee' means Managing Committee of Secondary School, Sanskrit Vidyalaya and Madrasa. (w) ˜Institution' means an institution imparting education of Intermediate (+2). Secondary School, Sanskrit Vidyalaya & Madrasa recognized under the provision of section 7(2)(i) of the Act. (x) ˜Intermediate College'.....