Bare Act Search Results

Air Corporations Act, 1953 Complete Act

State: Central

Year: 1953

.....with either of the Corporations. SECTION 09: CORPORATIONS TO ACT ON BUSINESS PRINCIPLES - In carrying out any of duties vested in it by this Act, each of the Corporations shall act so far as may be on business principles. CHAPTER 03: FINANCE, ACCOUNTS AND AUDIT SECTION 10: CAPITAL OF THE CORPORATIONS - (1) All non-recurring expenditure incurred by the Central Government for, or in connection with, each of the Corporations up to the date of establishment of that Corporation and declared to be capital expenditure by that Government, shall be treated as capital provided by the Central Government to that Corporation. (2) The Central Government may provide any further capital that may be required by either of the Corporations for the carrying on of the business of the Corporation or for any purpose connected therewith on such terms and conditions as the Central Government may determine. (3) Each of the Corporations may, with the consent of the Central Government, or in accordance with the terms of any general authority given to it by the Central Government- (a) borrow money for all or any of the purposes of the Corporation, and (b) secure the payment of any money.....

Air Corporations Act, 1953 [Repealed] Schedule I

Title: Schedule

State: Central

Year: 1953

.....it were allowed to continue its scheduled air transport services for the remaining period of the licence held by it after having due regard to the fact that the licence held by it did not confer any monopoly upon it in respect of the routes concerned and the fact that no subsidy would have been payable by the Central Government after the 31st day of December, 1952. Explanation A. -- For the purposes of this Schedule, the written down value in respect of each class of assets means the actual cost to the existing air company of such assets respectively, less the total depreciation calculated at the rates and in manner following, namely :-- (i) in respect of each airframe, depreciation shall be calculated at 15 per cent, per annum for Constellation and Skymaster aircraft and 18 percent, per annum for other aircraft from the date on which the aircraft concerned was first used in revenue operations by the company till the 31st day of December, 1952, the rates being applied as follows :-- for the first year, on the actual cost of acquisition; for the second year, on an amount obtained by reducing from the actual cost of acquisition the amount of depreciation calculated as.....

Bombay Labour Welfare Fund Act, 1953, (Maharashtra) Section 3

Title: Welfare Fund

State: Maharashtra

Year: 1953

.....penal interest paid under section 6B;] [5][(bbb) any contribution paid under section 6BB;] (c) any voluntary donations; (d) any fund transferred under sub-section (5) of section 7;[6] (e) any sum borrowed under section 8. [7][(f) any loan, grant-in-aid or subsidy paid by the State Government.] (3) The sums specified in sub-section (2) [8][shall be paid, or collected by such agencies, at such intervals] and in such manner and the accounts of the Fund shall be maintained and audited in such manner as may be prescribed. ______________ [1] Sub-section (1) was substituted by Mah. 36 of 1961, Section 7(a). [2] These words were inserted by Mah. 22 of 1966, Section 2(a). [3] This portion was substituted for the words "all unpaid accumulations" by Mah. 36 of 1961, Section 7(b). [4] Clause (bb) was inserted by Mah. 22 of 1966, Section 2(b). [5] Clause (bbb) was inserted by Mah. 16 of 1971, Section 3(a). [6] The word "and" was deleted by Mah. 16 of 1971, Section 3(b). [7] Clause (f) was added by Mah. 16 of 1971, Section 3(c). [8] These words were substituted for the words "shall be collected by such agencies" by Mah. 22 of 1966, Section 2(c).

The Bombay Labour Welfare Fund Act, 1953 Complete Act

State: Delhi

Year: 1953

.....into force vide notification No. F. 9(1) /89-DLC (W)/LC/ (i) /677dt. 14.8.98. (i) in a factory, any person named under section 7(1)(f) of the Factories-Act, 1948 (LXIII of 1948) as the manager; (ii) in any establishment, any person responsible to the owner for the supervision and control of the employees or for the payment of wages; (4) "establishment" means- (i) a factory; (ii) a tramway or motor omni bus service or a motor transport undertaking to which the Motor Transport Workers Act, 1961 applies; and . (iii) any establishment within the meaning of the Delhi Shops and Establishments Act, 1954, which employs, or on any working day during the preceding twelve months, employed five or more persons: Provided that any such establishment shall continue to be an establishment for the purposes of this Act notwithstanding a reduction in the number of persons to less than five at any subsequent time: Provided further that, where for a continuos period of not less than three months the number of parsons employed therein has been less than such establishment shall cease to be an establishment for the purposes of this Act with- effect from the beginning of the month.....

Bombay Labour Welfare Fund Act, 1953 Complete Act

State: Maharashtra

Year: 1953

.....or any other person, one or more employees in an establishment and includes (i) in a factory, any person named under section 7 (I) (f) of the Factories Act, 1948 (LXIII of 1948), as the manager; (ii) in any establishment, any person responsible to the owner for the supervision and control of the employees or for the payment of wages; (4) "Establishment" means (i) a factory; (ii) a tramway or 1[motor omnibus service or a motor transport undertaking to which the Motor Transport Works Act, 1961 applies; and] 2[(iii) any establishment within the meaning of the Bombay Shops and Establishments Act, 1948 (LXXIX of 1948), which employs, or on any working day during the preceding twelve months, employed 3[five] or more persons 4[including the establishments which have been granted exemption partly or wholly under the proviso to section 4 of that Act.] Provided that, any such establishment shall continue to be an establishment for the purposes of this Act, notwithstanding a reduction in the number of persons to less than 5[five] at any subsequent time: Provided further that, where for a continuous period of not less than three months the number of persons employed therein has been.....