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Indian Statistical Institute Act, 1959 Complete Act

Title: Indian Statistical Institute Act, 1959

State: Central

Year: 1959

Preamble1 - INDIAN STATISTICAL INSTITUTE ACT, 1959 Section1 - Short title and commencement Section2 - Definitions Section3 - Declaration of the Indian Statistical Institute as an institution of national importance Section4 - Grant of degrees and diplomas by Institute Section5 - Grants, loans, etc., by Central Government to the Institute Section6 - Audit of accounts of the Institute Section7 - Prior approval of Central Government necessary for certain action by Institute Section8 - Constitution of Committees by Central Government for preparing programme of work by the Institute, etc Section9 - Review of work done, inspection of assets, etc Section10 - Institute to afford facilities to Committees Section11 - Power to issue directions to Institute Section12 - Power of Central Government to assume functions of control

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Indian Statistical Institute Act, 1959 Section 11

Title: Power to Issue Directions to Institute

State: Central

Year: 1959

(1) The Central Government may, if it is satisfied that it is necessary so lo do in the public interest, issue, for reasons to he recorded and communicated to the Institute, such directions as it thinks fit to the Institute, and such directions may include directions requiring the Institute-- (a) to amend the memorandum or to make or amend any rule or regulation within such period as may be specified in the directions: (b) to give proprieties to the work undertaken or to be undertaken by the Institute in such manner as the Central Government may think fit to specify in this behalf. (2) Any directions issued under this section shall have effect, notwithstanding anything contained in any law for the lime being in force or in the memorandum or rules and regulations of the Institute. Note :-- If the Institute, without just or reasonable cause, fails to give effect to the directions issued by the Central Government either under S. 9(4) or this section, the Central Government can assume control of the functions of the Institute, by appointing one or more persons to take charge of the Institute or any part thereof for a period not exceeding two years.

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Indian Statistical Institute Act, 1959 Section 3

Title: Declaration of the Indian Statistical Institute as an Institution of National Importance

State: Central

Year: 1959

Whereas the objects of the institution known as the Indian Statistical Institute are such as to make it an institution of national importance, it is hereby declared that the Indian Statistical Institute is an institution of national importance.

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Indian Statistical Institute Act, 1959 Section 6

Title: Audit of Accounts of the Institute

State: Central

Year: 1959

(1) The accounts of the Institute shall be audited by auditors duly qualified to act as auditors of companies under the Companies Act, 1956, and the institute shall appoint such auditors as the Central Government may, after consultation with the Comptroller and Auditor-General of India and the Institute, select. (2) The Central Government may issue such directions to the auditors in the performance of their duties as it thinks fit. (3) Every such auditor in the performance of his duties shall have at all reasonable times access to the registers, books of account, records, and other documents of the Institute. (4) The auditors shall submit their report to the Institute and shall all forward a copy thereof to the Central Government for its information.

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Indian Statistical Institute Act, 1959 Preamble 1

Title: Indian Statistical Institute Act, 1959

State: Central

Year: 1959

THE INDIAN STATISTICAL INSTITUTE ACT, 1959 [Act, No. 57 of 1959] [24th December, 1959] PREAMBLE An Act to declare the institution known as the Indian Statistical Institute having at present its registered office in Calcutta to be an institution of national importance and to provide for certain matters connected therewith. BE it enacted by Parliament in the Tenth Year of the Republic of India as follows :--

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Indian Statistical Institute Act, 1959 Section 4

Title: Grant of Degrees and Diplomas by Institute

State: Central

Year: 1959

Section 4 - Grant of degrees and diplomas by Institute Notwithstanding anything contained in the University Grants Commission Act, 1956, or in any other law for the time being ip force, the Institute may hold such examinations and grant such degrees and diplomas in1[statistics, mathematics, quantitative economics, computer science and such other subjects related to statistics] as may be determined by the Institute from time to time. _____________________ 1. Substituted for the word "statistics" by Indian Statistical Institute (Amdt.) Act (38 of 1995), S.2(18-9-1995).

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Indian Statistical Institute Act, 1959 Section 7

Title: Prior Approval of Central Government Necessary for Certain Action by Institute

State: Central

Year: 1959

Notwithstanding anything contained in the Societies Registration Act, 1860. or in the memorandum or rules and regulations, the Institute shall not, except with the previous approval of the Central Government,-- (a) alter, extend or abridge any of the purposes for which it has been established or for which it is being used immediately before the commencement of this Act, or amalgamate itself either wholly or partially with any other institution or society; or (b) alter or amend in any manner the memorandum or rules and regulations; or (c) sell or otherwise dispose of any property acquired by the Institute with money specifically provided for such acquisition by the Central Government: Provided that no such approval shall he necessary in the case of any such movable properly or class of movable property as may be specified by the Central Government in this behalf by general or special order; or (d) be dissolved.

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Indian Statistical Institute Act, 1959 Section 5

Title: Grants, Loans, Etc., by Central Government to the Institute

State: Central

Year: 1959

For the purpose of enabling the Institute to discharge efficiently its functions including research, education, training, project activities and statistical work relating to planning for national development, the Central Government may, after due appropriation made by Parliament by law in this behalf, pay to the Institute in each financial year such sums of money as that Government considers necessary by way of grant, loan or otherwise.

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Indian Statistical Institute Act, 1959 Section 8

Title: Constitution of Committees by Central Government for Preparing Programme of Work by the Institute, Etc

State: Central

Year: 1959

(1) The Central Government may constitute as many Committees us and when it considers necessary consisting of such number of persons as it thinks fit to appoint thereto and assign to each such Committee all or any of the following duties, namely:-- (a) the preparation and submission to the Central Government as far as possible before the commencement of each financial year, of statements showing programmes of work agreed to be undertaken by the Institute during that year for which the Central Government may provide funds, as well as general financial estimates in respect of such work; and (b) the settlement on broad lines of the programme of such work. (2) Where the Institute docs not agree to undertake any work suggested by any Committee referred to in sub-section (1), it shall give to the Central Government its reasons for not so agreeing.

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Indian Statistical Institute Act, 1959 Section 10

Title: Institute to Afford Facilities to Committees

State: Central

Year: 1959

The Institute shall be bound to afford all necessary facilites to any Committee constituted under section 8 or section 9 for the purpose of enabling it to carry out its duties.

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