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National Bank for Agriculture and Rural Development Act, 1981 Complete Act

State: Central

Year: 1981

.....shall stand dissolved. The Bill also provides for changes of a supplemental, incidental or consequential nature in the Reserve Bank of India Act, 1934,the Banking Regulation Act, 1949the Industrial Disputes Act. 1947andthe Payment of Bonus Act, 1965. 4. The Notes on clauses appended to the Bill explain the provisions of the Bill.-See Gaz, of India, 18-9-1981, Pt. II.S.2,Ext.p.683. 1An Act to establish a development bank to be known as the National Bank for Agriculture and Rural Development for providing and regulating credit and other facilities for the promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts and other allied economic activities in rural areas with a view to promoting integrated rural development and securing prosperity of rural areas and for matters connected therewith or incidental thereto. Be it enacted by Parliament in the Thirty-second Year of the Republic of India as follows :- SECTION 01: SHORT TITLE, EXTENT AND COMMENCEPIENT (1)This Act may be called the National Bank for Agriculture and Rural Development Act, 1981 . (2) It extends to the whole of India. (3) It shall.....

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The Coimbatore City Municipal Corporation Act, 1981 Complete Act

State: Tamil Nadu

Year: 1981

.....includes any kind of bicycle, tricycle, cycle-rickshaw and palanquin, but does not include any motor vehicle within the meaning of Motor Vehicles Act, 1939 (Central Act IV of 1939); Notes Sec.2(6) " Carriage " Trailer Car " whether a carriage " Case decided with reference to Madras Act 18 MLJ 149 (7) "cart" includes any wheeled vehicle which is not a carriage but does not include any motor vehicle within the meaning of Motor vehicles Act, 1939 (Central Act IV of 1939); (8) "casual vacancy" means a vacancy occurring otherwise than by efflux of time and "casual election" means an election held on the occurrence of a causal vacancy; (9) "City of Coimbatore" or "City" means the local area comprised in the Coimbatore Municipality and includes any local area which after the commencement of this Act, is included in the City but does not include any local area which after such commencement is excluded from the City; (10) "Coimbatore Municipality" means the Coimbatore Municipality as constituted under the Tamil Nadu District Municipalities Act, 1920 (Tamil Nadu Act V of 1920); (11) "company" means " (a) any company as defined in the Companies Act, 1956 (Central Act I.....

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National Bank for Agriculture and Rural Development Act, 1981 Schedule II

Title: Second Schedule

State: Central

Year: 1981

.....(8A), for the expression:Agricultural refinance and Development Corporation", the expression "National Bank" shall be substituted. 4. For sub-section (3) of section 33, the following sub-section shall be substituted, namely:-- "(3) The remainder of the assets shall be held in rupee coin, Government of India rupee securities of any maturity, promissory notes drawn by the National Bank for any loans or advances under clause (4e) of section 17 and such bills of exchange and promissory notes payable in India as are eligible for purchase by the Bank under sub-clause 9a) or sub-clause (b) or sub -clause(bb) of clause(2) of section 17 or under clause (1) of section 18". 5. In section 42,-- (a) in the Explanation occurring after sub-section (1) in subclause (ii) of clause (c), for the expression:Agricultural Refinance and Development Corporation", the expression "National Bank" shall be substituted: (b) after sub-section (6), the following sub-section shall be inserted namely:- "(6A) In considering whether a State co-operative bank or a regional rural bank should be included in or excluded from the Second schedule, it shall be competent for the Bank to act on a.....

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Export Import Bank of India Act, 1981 Complete Act

State: Central

Year: 1981

.....it enacted by Parliament in the Thirty-second Year of the Republic of India as follows:- SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT (1) This Act may be called the Export-Import Bank of India Act, 1981. (2) It extends to the whole of India. (3) It shall come into force on such date1as the Central Government may, by notification in the Office of this Act in the Official Gazette, appoint, and different dates may be appointed for different provisions SECTION 02: DEFINITIONS. In this Act, unless the context otherwise requires,- (a) "Board" means the Board of Directors of Exim Bank referred to in S. 6; (b) "Development Bank" means the Industrial Development Bank of India established under the Industrial Development Bank of India Act, 1964- (c) "Exim Bank" means the Export-Import Bank of India established under section 3-; (d) "export" and "import" mean, respectively, export from or import into India or any other country of goods or services, or both; (e) "goods" includes all materials, commodities and articles in a solid, liquid or gaseous state and all forms of energy; (f) "notification" means a notification published in the Official Gazette; (g) "prescribed" means.....

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National Bank for Agriculture and Rural Development Act, 1981 Chapter I

Title: Preliminary

State: Central

Year: 1981

.....amount as the Central Government may specify by notification in this behalf having regard to trends in industrial development and other relevant factors; (j) "Managing Director" means the Managing Director appointed under section 6: (k) "marketing of crops" includes the processing of crops prior to marketing by any agricultural producers or any organisation of such producers; (l) "National Bank" means the National bank for Agriculture and Rural Development established under section 3. (m) "Notification" means a notification published in the Official Gazette. (n) "primary rural credit society" means a co-operative society by whatever name called,-- (1) Which has as its object or business the provision of financial accommodation to its members for agriculture or agricultural operations or for the marketing of crops, or for rural development; and (2) the bye-laws of which do not permit admission of any other co-operative society as member: Provided that this sub-clause shall not apply to the admission, as a member, of a co-operative society, which is a State co-operative bank or a central co-operative bank by reason of such bank subscribing to the share capital.....

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National Bank for Agriculture and Rural Development Act, 1981 Section 2

Title: Definitions

State: Central

Year: 1981

.....amount as the Central Government may specify by notification in this behalf having regard to trends in industrial development and other relevant factors; (j) "Managing Director" means the Managing Director appointed under section 6: (k) "marketing of crops" includes the processing of crops prior to marketing by any agricultural producers or any organisation of such producers; (l) "National Bank" means the National bank for Agriculture and Rural Development established under section 3. (m) "Notification" means a notification published in the Official Gazette. (n) "primary rural credit society" means a co-operative society by whatever name called,-- (1) Which has as its object or business the provision of financial accommodation to its members for agriculture or agricultural operations or for the marketing of crops, or for rural development; and (2) the bye-laws of which do not permit admission of any other co-operative society as member: Provided that this sub-clause shall not apply to the admission, as a member, of a co-operative society, which is a State co-operative bank or a central co-operative bank by reason of such bank subscribing to the share capital.....

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National Bank for Agriculture and Rural Development Act, 1981 Chapter IV

Title: Transfer of Business to the National Bank

State: Central

Year: 1981

.....by or against the National Bank. Section 17 - Dissolution of the Corporation and repeal of Act 10 of 1963 On the date appointed under sub-section (1) of section 16 (a) the Corporation shall stand dissolved and (b) the Agricultural Refinance and Development Corporation Act 1963 shall stand repealed. Section 18 - Transfer of business from Reserve Bank (1) On such date as the Central Government may in consultation with the Reserve Bank, by notification, appoint the assets and liabilities with the Reserve Bank relating to (a) the National Agricultural Credit (Long Term Operation) Fund established and maintained under section 46A of the Reserve Bank of India Act, 1934 and (b) the National Agricultural Credit (Stabilization) Fund established and maintained under section 46B of the Reserve Bank of India Act, 1934, shall stand transferred to the National Bank and form part of the National Rural Credit (Long Term Operations) Fund referred to in section 42 and the National Rural Credit (Stabilization) Fund referred to in section 43, respectively (2) With effect from such date as the Central Government may, in consultation with the Reserve Bank, by notification,.....

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National Bank for Agriculture and Rural Development Act, 1981 Section 18

Title: Transfer of Business from Reserve Bank

State: Central

Year: 1981

.....or in favour of, the National Bank as the case may be and may be enforced or acted upon as fully and effectually as if instead of the Reserve Bank the National Bank had been a party thereto or as if they had been in favour of the National Bank. (6) If, immediately before the date appointed under sub-section (1) or sub-section (2) as the case may be any suit, appeal or other legal proceedings of whatever nature relating to any asset or liability referred to in sub-section (1) or any loan or advance referred to in sub-section (2) is pending by or against the Reserve Bank the same shall not abate, be discontinued or be in any way prejudicially affected by reason of the transfer to the National Bank of such asset or liability under sub-section (2) or as the case may be, such loan or advance becoming under sub-section (2) a loan or advance granted by the National Bank or of anything contained in this Act, but the suit appeal or other proceedings may be continued, prosecuted and enforced by or against the National Bank.

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National Bank for Agriculture and Rural Development Act, 1981 Chapter VI

Title: Credit Functions of the National Bank

State: Central

Year: 1981

.....(Amendment) Act, 2003. 2.Words "to any State Co-operative bank" substituted by National Bankfor Agriculture and Rural Development (Amendment) Act, 2003. Section 22 - Conversion loan for production credit 1[22. Conversion loan for production credit. -- Where the National Bank is satisfied that owing to drought, famine or other natural calamities, military operations or enemy action, any State co-operative bank, central co-operative bank, regional rural bank or any such financial institution or any financial institution falling under any such class of financial institutions, as may be approved by the Reserve Bank in this behalf, requires assistance under this section, it may provide to such bank or institution such financial assistance as it may deem fit by way of making loans and advances repayable on the expiry of fixed periods not exceeding seven years and on such terms and conditions as may be specified in this behalf by the National Bank: Provided that loans and advances may be made under this section only for the purpose of enabling the borrowing bank or institution,-- (a) to pay any dues to the National Bank for credit extended for financing agricultural.....

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The Sikkim Armed Police Force Act, 1981 Complete Act

State: Sikkim

Year: 1981

..... 27.. Power to make rules. 28. Removal of difficulties. 29. Provisions as to existing Sikkim Armed Police Force. THE SIKKIM ARMED POLICE FORCE ACT, 1981 ACT NO. OF 1981 An Act to provide for the constitution and regulation of the Sikkim Armed Police Force in the State of Sikkim. [30th September, 1981 Be it enacted by the Legislature. of Sikkim in the Thirty-second Year of the Republic of India as follows: Short title, extent, commencement, and application. 1. (1) This Act may be called the Sikkim Armed Police Force Act, 1981. (2) It extends to the whole of Sikkim. (3) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint. (4) It shall apply to the officers of the Force wherever they may he. Definitions. In this Act, unless the context otherwise requires, (a) "active duty" means (i) the duty to restore, preserve order in any local area in the event of any disturbance therein, to prevent offences involving breach of peace or danger to life or property, and to search for and apprehend persons concerned in such offences, or who are so desperate and dangerous as to render their being at large.....

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