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Finance Act 2008 Section 21

Title: Amendment of Section 111a

State: Central

Year: 2008

In section 111A of the Income-tax Act, in sub-section (1), in clause (i), for the words ten per cent., the words fifteen per cent. shall be substituted with effect from the 1st day of April, 2009.

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Competition (Amendment) Act 2007 Section 21

Title: Amendment of Section 28

State: Central

Year: 2007

1[In section 28 of the principal Act,-- (a) in sub-section (1), for the words, brackets, letter and figures "Central Government, on recommendation under clause (f) of section 27", the word "Commission" shall be substituted; (b) clause (d) of sub-section (2) shall be omitted.] __________________________ 1. Effective date 20th May 2009- notified vide Ministry of Corporate Affairs Notification No S.O.1242(E) dated 15.05.2009.

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National Institutes of Technology Act, 2007 Section 21

Title: Fund of Institute

State: Central

Year: 2007

(1) Every Institute shall maintain a Fund to which shall be credited,-- (a) all moneys provided by the Central Government; (b) all fees and other charges received by the Institute; (c) all moneys received by the Institute by way of grants, gifts, donations, benefactions, bequests or transfers; and (d) all moneys received by the Institute in any other manner or from any other source. (2) All moneys credited to the Fund of every Institute shall be deposited in such banks or invested in such manner as the Institute may, with the approval of the Central Government, decide. (3) The Fund of every Institute shall be applied towards meeting the expenses of the Institute including expenses incurred in the exercise of its powers and discharge of its duties under this Act.

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Armed Forces Tribunal Act 2007 Section 21

Title: Application Not to Be Admitted Unless Other Remedies Exhausted

State: Central

Year: 2007

.....made thereunder. (2) For the purposes of sub-section (1), a person shall be deemed to have availed of all the remedies available to him under the Army Act, 1950(46 of 1950) or the Navy Act, 1957(62 of 1957) or the Air Force Act, 1950(45 of 1950), and respective rules and regulations-- (a) if a final order has been made by the Central Government or other authority or officer or other person competent to pass such order under the said Acts, rules and regulations, rejecting any petition preferred or representation made by such person; (b) where no final order has been made by the Central Government or other authority or officer or other person competent to pass such order with regard to the petition preferred or representation made by such person, if a period of six months from the date on which such petition was preferred or representation was made has expired.

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Electricity (Amendment) Act, 2007 Section 21

Title: Amendment of Section 181

State: Central

Year: 2007

In section 181 of the principal Act, in sub-section (2),-- (i) in clause (j), the words "and elimination" shall be omitted; (ii) in clause (m), the words "and elimination" shall be omitted; (iii) in clause (p), the words "and elimination" shall be omitted; (iv) for clause (zc), the following clause shall be substituted, namely:-- "(zc) the manner of reduction of cross-subsidies under clause (g) of section 61;".

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State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007 Section 21

Title: Amendment of Section 43

State: Central

Year: 2007

In section 43 of the State Bank of India (Subsidiary Banks) Act,-- (a) in sub-section (1), in clause (a), for the word "December", the word "March" shall be substituted; (b) for sub-section (2), the following sub-section shall be substituted, namely.-- "(2) The balance-sheet and profit and loss account of the subsidiary bank shall be signed by persons holding the office of the chairman, managing director, and a majority of the other directors of the subsidiary bank in office.".

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Warehousing (Development and Regulation) Act 2007 Section 21

Title: Conclusiveness of Negotiable Warehouse Receipt

State: Central

Year: 2007

In the hands of a holder who has purchased a negotiable warehouse receipt for valuable consideration, it shall be conclusive evidence of the goods described in it as against the warehouseman or any person claiming through him.

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Payment and Settlement Systems Act 2007 Section 21

Title: Duties of a System Provide

State: Central

Year: 2007

(1) Every system provider shall disclose to the existing or potential system participants, the terms and conditions including the charges and the limitations of liability under the payment system, supply them with copies of the rules and regulations governing the operation of the payment system, netting arrangements and other relevant documents. (2) It shall be the duty of every system provider to maintain the standards determined under this Act.

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Maintenance and Welfare of Parents and Senior Citizens Act 2007 Section 21

Title: Measures for Publicity, Awareness, Etc., for Welfare of Senior Citizens

State: Central

Year: 2007

The State Government shall, take all measures to ensure that-- (i) the provisions of this Act are given wide publicity through public media including the television, radio and the print, at regular intervals; (ii) the Central Government and State Government Officers, including the police officers and the members of the judicial service, are given periodic sensitization and awareness training on the issues relating to this Act; (iii) effective co-ordination between the services provided by the concerned Ministries or Departments dealing with law, home affairs, health and welfare, to address the issues relating to the welfare of the senior citizens and periodical review of the same is conducted.

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Rajiv Gandhi Institute of Petroleum Technology Act 2007 Section 21

Title: Registrar

State: Central

Year: 2007

(1) The Registrar of the Institute shall be appointed in such manner and on such terms and conditions as may be provided by the Statutes and shall be the custodian of records, the common seal, the funds of the Institute and such other property of the Institute as the Board shall commit to his charge. (2) The Registrar shall act as the Secretary of the General Council, the Board, the Senate and such committees as may be provided by the Statutes. (3) The Registrar shall be responsible to the Director for the proper discharge of his functions. (4) The Registrar shall exercise such other powers and perform such other duties as may be assigned to him by this Act, the Statutes or by the Director.

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