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Start Free TrialCotton Textiles Cess (Repeal) Act, 2000 Section 1
Title: Short Title
State: Central
Year: 2000
This Act may be called the Cotton Textiles Cess (Repeal) Act, 2000.
View Complete Act List Judgments citing this sectionBihar Reorganisation Act, 2000 Section 40
Title: Distribution of Revenue
State: Central
Year: 2000
The President shall, by order, determine the share of States of Bihar and Jharkhand in the total amount payable to the existing State of Bihar on the recommendation of the Finance Commission constituted under article 280 of the Constitution, in such manner as he thinks fit.
View Complete Act List Judgments citing this sectionBihar Reorganisation Act, 2000 Section 47
Title: Assets and Liabilities of State Undertakings
State: Central
Year: 2000
(1) The assets and liabilities relating to any commercial or industrial undertaking of the existing State of Bihar shall pass to the State in which the undertaking is located. (2) Where a depreciation reserve fund is maintained by the existing Stale of Bihar for any such commercial or industrial undertaking, the securities held in respect of investments made from that fund shall pass to the State in which the undertaking is located.
View Complete Act List Judgments citing this sectionBihar Reorganisation Act, 2000 Section 46
Title: Investments and Credits in Certain Funds
State: Central
Year: 2000
.....the existing Slate of Bihar immediately before the appointed day in any private, commercial or industrial undertaking, in so far as such investments have not been made or are deemed not to have been made from the cash balance investment account, shall pass to the State in which the principal seat of business of the undertaking is located, (4) Where any body corporate constituted under a Central Act, State Act or Provincial Act for the existing State of Bihar or any part thereof has, by virtue of the provisions of Part II, becomes an inter-State body corporate, the investments in, or loans or advances to, any such body corporate by the existing State of Bihar made before the appointed day shall, save as otherwise expressly provided by or under this Act, be divided between the Slates of Bihar and Jharkhand in the same proportion in which the assets of the body corporate are divided under the provisions of this Part.
View Complete Act List Judgments citing this sectionBihar Reorganisation Act, 2000 Section 45
Title: Right to Recover Loans and Advances
State: Central
Year: 2000
(1) The right of the existing State of Bihar to recover any loans or advances made before the appointed day to any local body, society, agriculturist or other person in an area within that State shall belong to the successor State in which that area is included on that day. (2) The right of the existing State of Bihar to recover any loans or advances made before the appointed day to any person or institution outside that State shall belong to the State of Bihar: Provided that any sum recovered in respect of any such loan or advance shall be divided between the States of Bihar and Jharkhand according to the population ratio.
View Complete Act List Judgments citing this sectionBihar Reorganisation Act, 2000 Section 44
Title: Arrears of Taxes
State: Central
Year: 2000
The right to recover arrears of any tax or duty on property, including arrears of land revenue, shall belong to the successor State in which the property is situated, and the right to recover arrears of any other tax or duty shall belong to the successor State in whose territories the place of assessment of that tax or duty is included on the appointed day.
View Complete Act List Judgments citing this sectionBihar Reorganisation Act, 2000 Section 43
Title: Treasury and Bank Balances
State: Central
Year: 2000
The total of the cash balances in all treasuries of the State of Bihar and the credit balances of the State with Reserve Bank of India, the State Bank of India or any other bank immediately before the appointed day shall be divided between the States of Bihar and Jharkhand according to the population ratio: Provided that for the purposes of such division, there shall be no transfer of cash balances from any treasury to any other treasury and the apportionment shall be effected by adjusting the credit balance of the two States in the books of the Reserve Bank of India on the appointed day: Provided further that if the State of Jharkhand has no account on the appointed day with the Reserve Bank of India, the adjustment shall be made in such manner as the Central Government may, by order, direct.
View Complete Act List Judgments citing this sectionBihar Reorganisation Act, 2000 Section 41
Title: Application of Part
State: Central
Year: 2000
(1) The provisions of this Part shall apply in relation to the apportionment of the assets and liabilities of the existing State of Bihar immediately before the appointed day. (2) The successor States shall be entitled to receive benefits arising out of the decisions taken by the predecessor State and the successor States shall be liable to bear the financial liabilities arising out of the decisions taken by the existing State of Bihar. (3) The apportionment of assets and liabilities would be subject to such financial adjustment as may be necessary to secure just, reasonable and equitable apportionment of the assets and liabilities amongst the successor States. (4) Any dispute regarding the amount of financial assets and liabilities shall be settled through mutual agreement, failing which by order, by the Central Government on the advice of the Comptroller and Auditor-General of India.
View Complete Act List Judgments citing this sectionBihar Reorganisation Act, 2000 Section 38
Title: Authorisation of Expenditure of Jharkhand State
State: Central
Year: 2000
The Governor of Bihar may, at any time before the appointed day, authorise such expenditure from the Consolidated Fund of the State of Jharkhand as he deems necessary for any period not more than six months beginning with the appointed day pending the sanction of such expenditure by the Legislative Assembly of the State of Jharkhand: Provided that the Governor of Jharkhand may, after the appointed day, authorise such further expenditure as he deems necessary from the Consolidated Fund of the State of Jharkhand for any period not extending beyond the said period of six months.
View Complete Act List Judgments citing this sectionBihar Reorganisation Act, 2000 Section 50
Title: Refund of Taxes Collected in Excess
State: Central
Year: 2000
The liability of the existing State of Bihar to refund any tax or duty on property, including land revenue, collected in excess shall be the liability of the successor State in whose territories the property is situated, and the liability of the existing State of Bihar to refund any other tax or duty collected in excess shall be the liability of the successor State in whose territories the place of assessment of that tax or duty is included.
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