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Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006 Complete Act

Title: Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006

State: Central

Year: 2006

Preamble1 - BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) AND FINANCIAL INSTITUTIONS LAWS (AMENDMENT) ACT, 2006 Chapter I Section1 - Short title and Commencement Chapter II Section2 - Amendment of section 3 Section3 - Amendment of section 9 Section4 - Insertion of new section 9A Section5 - Amendment of section 10A Section6 - Insertion of new section 10B Section7 - Insertion of new section 18A Chapter III Section8 - Amendment of section 3 Section9 - Amendment of section 9 Section10 - Insertion of new section 9A Section11 - Amendment of section 10A Section12 - Insertion of new section 10B Section13 - Insertion of new section 18A Chapter IV Section14 - Amendment of section 20 Section15 - Amendment of section 21A Chapter V Section16 - Amendment of section 26 of Act 38 of 1959 Chapter VI Section17 - Amendment of section 6 of Act 47 of 1961 Section18 - Amendment of section 6 of Act 28 of 1981 Section19 - Amendment of section 7 of Act 53 of 1987

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Cantonments Act, 2006 Section 236

Title: Conditions of Valid Notice

State: Central

Year: 2006

(1) A person giving the notice required by section 235 shall specify the purpose for which it is intended to use the building to which such notice relates. (2) No notice shall be valid until the information required under the sub-section (1) and any further information and plans and undertakings which may be required under bye-laws made under this Act have been furnished to the satisfaction of the Chief Executive Officer, along with the notice.

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Finance Act, 2006 Section 9

Title: Amendment of Section 36

State: Central

Year: 2006

In section 36 of the Income-tax Act, in sub-section (1),-- (a) for clause (ib), the following clause shall be substituted with effect from the 1st day of April, 2007, namely:-- "(ib) the amount of any premium paid by cheque by the assessee as an employer to effect or to keep in force an insurance on the health of his employees under a scheme framed in this behalf by-- (A) the General Insurance Corporation of India formed under section 9 of the General Insurance Business (Nationalisation) Act, 1972(57 of 1972) and approved by the Central Government; or (B) any other insurer and approved by the Insurance Regulatory and Development Authority established under sub-section (1) of section 3 of the Insurance Regulatory and Development Authority Act, 1999(41 of 1999);"; (b) in clause (iiia), in the Explanation, clause (iii) shall be omitted; (c) in clause (viii), in the Explanation, for clause (d), the following clause shall be substituted with effect from the 1st day of April, 2007, namely:-- '(d) "infrastructure facility" means-- (i) an infrastructure facility as defined in the Explanation to clause (i) of sub-section (4) of section 80-IA, or any other public facility.....

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Finance Act, 2006 Section 3

Title: Amendment of Section 2

State: Central

Year: 2006

.....by way of acquiring shares or providing long-term finance to any enterprise or undertaking wholly engaged in the business referred to in sub-section (4) of section 80-IA or sub-section (1) of section 80-IAB or an undertaking developing and building a housing project referred to in subsection (10) of section 80-IB or a project for constructing a hotel of not less than three-star category as classified by the Central Government or a project for constructing a hospital with at least one-hundred beds for patients; (26B) "infrastructure capital fund" means such fund operating under a trust deed registered under the provisions of the Registration Act, 1908(16 of 1908) established to raise monies by the trustees for investment by way of acquiring shares or providing long-term finance to any enterprise or undertaking wholly engaged in the business referred to in sub-section (4) of section 80-IA or subsection (1) of section 80-IAB or an undertaking developing and building a housing project referred to in sub-section (10) of section 80-IB or a project for constructing a hotel of not less than three-star category as classified by the Central Government or a project for.....

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Finance Act, 2006 Chapter III

Title: Direct Taxes

State: Central

Year: 2006

.....where an assessee claims that no expenditure has been incurred by him in relation to income which does not form part of the total income under this Act". Section 8 - Amendment of section 17 In section 17 of the Income-tax Act, in clause (2), after sub-clause (vi), in the proviso, with effect from the 1st day of April, 2007,-- (i) in clause (iii), after the words "Central Government", the words, brackets and figures "or the Insurance Regulatory and Development Authority established under sub-section (1) of section 3 of the Insurance Regulatory and Development Authority Act, 1999,(41 of 1999)" shall be inserted; (ii) in clause (iv), after the words "Central Government", the words, brackets and figures "or the Insurance Regulatory and Development Authority established under sub-section (1) of section 3 of the Insurance Regulatory and Development Authority Act, 1999,(41 of 1999)" shall be inserted. Section 9 - Amendment of section 36 In section 36 of the Income-tax Act, in sub-section (1),-- (a) for clause (ib), the following clause shall be substituted with effect from the 1st day of April, 2007, namely:-- "(ib) the amount of any premium paid by cheque by the.....

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Central Silk Board (Amendment) Act, 2006 Section 9

Title: Insertion of New Sections 8a To8j

State: Central

Year: 2006

.....exim policy for export and import of silk-worm seed. (2) All import of silk-worm seed shall conform to the quality standards specified under sub-section (2) of section 8C. (3) For the purpose of ensuring compliance with the conditions and quality standards for governing such import, the Central Government may, by order, authorise officers of the level of Assistant Commissioner to exercise the powers of inspection at the borders and ports, and such officers shall be deemed to be the Seed Officers for the purposes of this Act. (4) The Central Government may, by notification, permit for research purposes, import of an unregistered variety of silk-worm seed in such quantity and subject to such conditions as may be specified. (5) The Central Government may, by notification, restrict the export or import of silk-worm seed of any kind or variety if it considers that it may adversely affect the silk industry or on such other grounds, as it may consider necessary. 8J. Statement by silk-worm seed producers.--Every registered silk-worm seed producer and dealer shall furnish periodic statement to the Committee in such form, manner and at such intervals as may be specified by.....

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Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Amendment Act, 2006 Section 2

Title: Amendment of Section 9 if Act 31 of 1981

State: Central

Year: 2006

In section 9 of the Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Act, 1981, for the words "do in relation to its undertakings", the words, letters, figures and brackets do in relation to its undertakings, including the power to dispose off the assets of the undertakings of the Company vested upon it, by the notification of the Government of India, in the Ministry of Industry (Department of Industrial Development) number S.O. 502(E), dated the 23rd June, 1981, under sub-section (1) of section 6, if such disposal of the assets is considered necessary by the Cement Corporation due to legal or financial considerations" shall be substituted.

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Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Amendment Act, 2006 Section 1

Title: Short Title

State: Central

Year: 2006

This Act may be called the Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Amendment Act, 2006.

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Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Amendment Act, 2006 Preamble 1

Title: Dalmia Dadri Cement Limited (Acquisition and Transfer of Undertakings) Amendment Act, 2006

State: Central

Year: 2006

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Rajiv Gandhi University Act 2006 Schedule I

Title: First Schedule

State: Central

Year: 2006

.....at least once in an academic year preferably in the beginning of that year. 41. Ordinances, how made (1) The first Ordinances made under sub-section (2) of section 31 may be amended, repealed or added to at any time by the Executive Council in the manner specified in the following clauses. (2) No Ordinance in respect of the matters enumerated in sub-section (1) of section 31 shall be made by the Executive Council unless a draft of such Ordinance has been proposed by the Academic Council. (3) The Executive Council shall not have power to amend any draft of any Ordinance proposed by the Academic Council under clause (2), but may reject the proposal or return the draft to the Academic Council for re-consideration, either in whole or in part, together with any amendment which the Executive Council may suggest. (4) Where the Executive Council has rejected or returned the draft of an Ordinance proposed by the Academic Council, the Academic Council may consider the question afresh and in case the original draft is reaffirmed by a majority of not less than two-thirds of the members present and voting and more than half the total number of members of the Academic Council,.....

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