Bare Act Search Results

Ceiling on Government on Guarantees Act 1999 (19 of 1999) Amended Act 15 of 2002 Section 6

Title: Performance Guarantee

State: Karnataka

Year: 1999

(1) In the interest of development of infrastructure project the Government may continue to give performance guarantee to all such sectors. (2) The Government shall place before both the Houses of the State Legislature a comprehensive report on the liabilities (in rupees) that the State may incur in future, if the State fails to meet the contractual obligation stated in the performance guarantee. (3) The report referred to in sub-section (2) shall be placed within six months of the date of giving performance guarantee.

Deposit Insurance and Credit Guarantee Corporation Act, 1961 Section 21A

Title: Guaranteeing of Credit Facilities and Indemnifying Credit Institutions

State: Central

Year: 1961

(1) The Corporation may guarantee credit facilities given by any credit institution and may also indemnify credit institutions in respect of credit facilities granted by them. (2) The Board may, for the purpose of guaranteeing credit facilities granted by credit institutions or indemnifying credit institutions, frame one or more schemes in such form and in such manner and containing such provisions as the Board may, from time to time, deem fit. (3) The Board may levy, on every credit institution availing itself of the guarantees or indemnities provided by the Corporation, a fee at such rate or rates as may, with the previous approval of the Reserve Bank, be notified by the Corporation to the credit institution from time to time and different rates may be notified for different categories of credit institutions, for different types of credit facilities, for different areas where the credit facilities are utilised, or for different categories of beneficiaries of the credit facilities. Explanation.-- "Credit facility" means any financial assistance, including a loan or advance, cash credit, overdraft, bills purchased or discounted, a term of instalment credit and any guarantee

Ceiling on Government on Guarantees Act 1999 (19 of 1999) Amended Act 15 of 2002 Complete Act

Title: Ceiling on Government on Guarantees Act 1999 (19 of 1999) Amended Act 15 of 2002

State: Karnataka

Year: 1999

Preamble 1 - KARNATAKA CEILING ON GOVERNMENT GUARANTEES ACT, 1999 Section 1 - Short title and commencement Section 2 - Definitions Section 3 - Ceiling on Government guarantees Section 4 - Prohibition Section 5 - Guarantee Commission Section 6 - Performance Guarantee

Deposit Insurance and Credit Guarantee Corporation Act, 1961 Complete Act

State: Central

Year: 1961

.....exclude the Madras Industrial Investment Corporation Ltd. which, although it is technically a banking company as defined in the Banking Companies Act. Performs actually the functions of a State Financial Corporation." - S.O.R. (c) "Board" means the Board of Directors constituted under section 6-; (d) "company" means any company as defined in section 3 of the Companies Act, 1956-and includes a foreign company within the meaning of section 561-of that Act; 6[(dd) "co-operative bank" means a State co-operative bank, a Central co-operative bank and a primary co-operative bank;] (e) "Corporation" means7[the Deposit Insurance and Credit Guarantee Corporation] established under section 3-; 8[(ee) "corresponding new bank" means a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970-or, as the case may be, under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980-;] 9[(eea) "credit institution" means all or any of the following, namely: - (i) a banking company; (ii) a corresponding new bank; (iii) a Regional Rural Bank; (iv) a co-operative bank; (v) a financial institution];.....

Deposit Insurance and Credit Guarantee Corporation Act, 1961 Amending Act 2

Title: Deposit Insurance Corporation (Amendment and Miscellaneous Provisions) Act, 1978

State: Central

Year: 1961

.....of 1956, or in any other law forthe time being in force. 8. Amendment of the Deposit Insurance corporation Act, 1961 On the commencement of this Act, the Deposit Insurance Corporation Act, 1961 (47 of 1961), shall have effect subject to the following amendments, namely:-- (1) in the long title, after the words "insurance of deposits", the words "and guaranteeing of credit facilities" shall be inserted; (2) in section 1, in sub-section (1), for the words "the Deposit Insurance Corporation", the words "the Deposit Insurance and Credit Guarantee Corporation" shall be substituted; (3) in section 2,-- (i) in clause (e), for the words "the Deposit Insurance Corporation", the words "the Deposit Insurance and Credit Guarantee Corporation" shall be substituted; (ii) after clause (ee), the following clause shall be inserted, namely: -- '(eea) "credit institution" means all or any of the following, namely: -- (i) a banking company; (ii) a corresponding new bank; (iii) a Regional Rural Bank; (iv) a co-operative bank; (v) a financial institution;'; (iii) after clause (hh), the following clause shall be inserted, namely:-- '(hha) "financial institution" means any.....

Ceiling on Government on Guarantees Act 1999 (19 of 1999) Amended Act 15 of 2002 Section 2

Title: Definitions

State: Karnataka

Year: 1999

In this Act, unless the contest, otherwise, requires,-- (1) "Government" means the State Government; (2) "Government Guarantee" includes the guarantee given by the State Government on behalf of Departmental Undertakings, Public Sector Undertakings, Local Authorities, Statutory Boards and Corporations and Co-operative Institutions; (3) "Performance Guarantee" includes the documents such as letters of comfort, power purchase agreement, State support agreement, concession agreement for infrastructure project and other agreements guaranteed in certain performance on behalf of Government, Local Authorities, Statutory Boards and Corporations and Co-operative Institutions as well as Public Sector Undertakings.

National Rural Employment Guarantee Act, 2005 Section 10

Title: Central Employment Guarantee Council

State: Central

Year: 2005

.....a Council to be called the Central Employment Guarantee Council to discharge the functions, and perform the duties, assigned to it by or under this Act. (2) The headquarters of the Central Council shall be at Delhi. (3) The Central Council shall consist of the following members to be appointed by the Central Government, namely:- (a) a Chairperson; (b) not more than such number of representatives of the Central Ministries including the Planning Commission not below the rank of Joint Secretary to the Government of India as may be determined by the Central Government; (c) not more than such number of representatives of the State Governments as may be determined by the Central Government; (d) not more than fifteen non-official members representing Panchayati Raj Institutions, organisations of workers and disadvantaged groups: Provided that such non-official members shall include two chairpersons of District Panchayats nominated by the Central Government by rotation for a period of one year at a time: Provided further that not less than one-third of the non-official members nominated under this clause shall be women: Provided also that not less than one-third of the.....

Bombay Motor Vehicles Tax, the Motor Vehicles (Taxation of Passengers), the Maharashtra Education and Employment Guarantee (Cess); the Tax on Sale of Electricity, the State Tax on Professions, Trades,, (Maharashtra) Preamble

Title: the Bombay Motor Vehicles Tax, the Motor Vehicles (Taxation of Passengers), the Maharashtra Education and Employment Guarantee (Cess); the Tax on Sale of Electricity, the State Tax on Professions, Trades, Callings and Employments, the Tax Acts (Amendment) and the Employment Guarantee (Amendment) and the Bombay State Scarcity Relief Fund (Repeal) Act, 2008

State: Maharashtra

Year: 1865

.....CALLINGS AND EMPLOYMENTS, THE TAX ACTS (AMENDMENT) AND THE EMPLOYMENT GUARANTEE (AMENDMENT) AND THE BOMBAY STATE SCARCITY RELIEF FUND (REPEAL) ACT, 2008 [Act No. 05 of 2008] [19th March, 2008] PREAMBLE An Act further to amend the Bombay Motor Vehicles Tax Act, 1958; the Bombay Motor Vehicles (Taxation of Passengers) Act, 1958; the Maharashtra Education and Employment Guarantee (Cess) Act, 1962; the Maharashtra Tax on Sale of Electricity Act, 1963; the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975; the Maharashtra Tax Acts (Amendment) Act, 1975 and the Maharashtra Employment. Guarantee Act, 1977; and to repeal the Bombay State Scarcity Relief Fund Act, 1958. WHEREAS both Houses of the State Legislature were not in session; AND WHEREAS the Governor of Maharashtra was satisfied that circumstances existed which rendered it necessary for him to take immediate action further to amend the Bombay Motor Vehicles Tax Act, 1958(Bom. LXVII of 1958); the Bombay Motor Vehicles (Taxation of Passengers) Act, 1958(Bom. LXXXIII of 1958); the Maharashtra Education and Employment Guarantee (Cess) Act, 1962(Mah. XXVII of 1962); the Maharashtra Tax.....

National Rural Employment Guarantee Act, 2005 Complete Act

Title: National Rural Employment Guarantee Act, 2005

State: Central

Year: 2005

.....Scheme Section19 - Grievance redressal mechanism Chapter IV Section20 - National Employment Guarantee Fund Section21 - State Employment Guarantee Fund Section22 - Funding pattern Section23 - Transparency and accountability Section24 - Audit of accounts Section25 - Penalty for non-compliance Section26 - Power to delegate Section27 - Power of Central Government to give directions Section28 - Act to have overriding effect Section29 - Power to amend Schedules Section30 - Protection of action taken in good faith Section31 - Power of Central Government to make rules Section32 - Power of State Government to make rules Section33 - Laying of rules and Schemes Section34 - Power to remove difficulties ScheduleI - SCHEDULE ScheduleII - SCHEDULE

Deposit Insurance and Credit Guarantee Corporation Act, 1961 Section 23A

Title: Credit Guarantee Fund

State: Central

Year: 1961

.....or the General Fund under section 27; and (e) all income arising from the investments made out of that fund. (2) The said Fund shall be applied-- (a) to make payments in respect of guarantees and indemnities taken over or issued by the Corporation; (b) to meet any liability in respect of the amount referred to in clause (d) of sub-section (1); (c) to meet the whole or any part of the liability on account of depreciation in assets, contributions to staff superannuation and other funds, or other expenses incurred or to be incurred by the Corporation, as may be decided by the Board;] ____________________________ 1. Inserted by Act 21 of 1978, Section. 8(12) (w.e.f. 15-7-98).