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Finance (No. 2) Act, 1980 Section 6

Title: Amendment of Section 32

State: Central

Year: 1980

In section 32 of the Income-tax Act, with effect from the 1st day of April, 1981, - (a) in sub-section (1), after clause (ii), the following clause shall be inserted, namely :- '(iia) in the case of any new machinery or plant (other than ships and aircraft) which has been installed after the 31st day of March, 1980, but before the 1st day of April, 1985, a further sum equal to one-half of the amount admissible under clause (ii) (exclusive of extra allowance for double or multiple shift working of the machinery or plant and the extra allowance in respect of machinery or plant installed in any premises used as a hotel) in respect of the previous year in which such machinery or plant is installed or, if the machinery or plant is first put to use in the immediately succeeding previous year, then, in respect of that previous year : Provided that no deduction shall be allowed under this clause in respect of - (a) any machinery or plant installed in any office premisses or any residential accommodation; (b) any office appliances or road transport vehicles; and (c) any machinery or plant, the whole of the actual cost of which is allowed as a deduction (whether by way of.....

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Sree Chitra Tirunal Institute for Medical Sciences and Technology, Trivandrum, Act, 1980 Section 6

Title: Term of Office of and Vacancies Among Members

State: Central

Year: 1980

.....or elected. (5) An outgoing member other than a member elected under clause (I) of section 5 shall, unless the Central Government otherwise directs, continue in office until another person is nominated as a member in his place. (6) An outgoing member shall be eligible for re-nomination or re-election (7) A member may resign his office by writing under his hand addressed to the Central Government but he shall continue in office until his resignation is accepted by that Government. (8) The manner of filling vacancies among members shall be such as may be prescribed by rules. ____________________________ 1 . Inserted vide The Sree Chitra Tirunal Institute for Medical Sciences and Technology, Trivandrum (Amendment) Act, 2005.

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Brahmaputra Board Act 1980 Chapter VI

Title: Miscellaneous

State: Central

Year: 1980

.....or purporting to act in pursuance of any of the provisions of this Act, to be public servants within the meaning of section 21 of the Indian Penal Code. Section 27 - Protection of action taken in good faith (1) No suit prosecution or other legal proceedings shall lie against the Government or any officer of the Government or any member, officer or employee of the Board for anything which is in good faith done or intended to be done under this Act or the rules or regulations. (2) No suit or other legal proceedings shall lie against the Board for any damage caused, or likely to be caused by anything in good faith done or purported to be done under this Act or the rules or regulations, and in particular, it shall not be the responsibility of the Board to provide for relief measures necessitated by breaches and failures of works. Section 28 - Power to make rules (1) The Central Government may, by notification in the Official Gazette, make rules to carry out the purposes of this Act. (2) Without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:- (a) the matters with respect to the standing.....

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Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 Section 6

Title: Payment of Amount

State: Central

Year: 1980

.....in accordance with the option indicated in such application. (8) The interim payment made to an existing bank under sub-section (7) shall be set off against the total amount payable to such existing bank under this Act and the balance of the amount remaining after each payment shall be given to the existing bank in accordance with the option exercised, or deemed to have been exercised, under subsection (4) or sub-section (5), as the case may be: Provided that where any part of the interim payment is obtained by an existing bank in cash, the payment so obtained shall be set off, in the first instance, against the first installment of the cash payment referred to in sub-section (2), and in case the payment so obtained exceeds the amount of the first installment, the excess amount shall be adjusted against the second instalment and the balance of such excess amount, if any, against the third installment of the cash payment.

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Birds & Company Limited Acquistion & Transfer of Undertakings & Other Properties Act, 1980 Section 6

Title: Central Government or the Government Company, Not to Liable for Certain Prior Liabilities

State: Central

Year: 1980

.....or in relation to any share held by it in a specified company, in respect of any period prior to the appointed day, shall be enforceable against the Central Government, or, where the undertakings of the Company are directed, under section 7, to vest in a Government company against such company; (b) no award, decree or order of any court, tribunal or other authority in relation to the undertakings of the Company, or in relation to any shared held by the Company in specified passed after the appointed day, in respect of any matter, claim or dispute, which arose before that day, shall be enforceable against the Central Government, or where the undertakings of the Company are directed, under section 7, to vest in a Government Company, against Government company; (c) no liability incurred by the Company before the appointed day, for the contravention of any provision of law for the time being in force, shall be enforceable against the Central Government, or, where the undertakings of the Company are directed, under section 7, to vest in a Government company, against such company.

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Auroville (Emergency Provisions) Act, 1980 [Repealed] Section 6

Title: Advisory Council

State: Central

Year: 1980

.....in the Charter of Auroville. (4) The Council shall consist of such number of members not exceeding five as may be appointed by the Central Government from amongst persons, who in its opinion are devoted to the ideals of human unity, peace and progress. (5) There shall be a Chairman of the Council who shall be elected by the members of the Council from among themselves. (6) The term of office of, the method of filling casual vacancies among and the allowances and other remuneration, if any, payable to, the members of the Council shall be such as may be prescribed. (7) The Council shall, subject to any rules that may be made in this behalf under section 17, have power to regulate its own procedure.

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Birds & Company Limited Acquistion & Transfer of Undertakings & Other Properties Act, 1980 Chapter VI

Title: Commissioner of Payments

State: Central

Year: 1980

.....meaning of sections 193 and 228 of the Indian Penal Code( 45 of 1860 ) and the Commissioner shall be deemed to be a civil court for the purposes of section 195 and Chapter XXVI of the Code of Criminal Procedure, 1973( 2 of 1974 ). (7) A claimant who is dissatisfied with the decision of the Commissioner may prefer an appeal against the decision to the principal civil Court of original jurisdiction within the local limits of whose jurisdiction the registered office of the concerned company is situated: Provided that where a person who is a Judge of a High Court is appointed to be the Commissioner, the appeal, shall lie to the High Court at Calcutta and such appeal shall be heard and disposed of by not less than two Judges of that High Court. Section 20 - Disbursement of money by Commissioner to claimants After admitting a claim under this Act, the amount due in respect of such claim shall be paid by the Commissioner to the person or persons to whom such amount is due, and on such payment, the liability of the Company in respect of such claim shall stand discharged. Section 21 - Disbursement of amounts to the Company and possession of certain machinery, equipment, etc. .....

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Jute Companies (Nationalisation) Act, 1980. Chapter VI

Title: Commissioner of Payments

State: Central

Year: 1980

.....(2) shall enure to the benefit of the jute company. Section 16 - Certain powers of Central Government or existing, or new, The Jute Manufactures Corporation (1) The Central Government or the Jute Manufactures Corporation, as the case may be, shall be entitled to receive up to the specified date, to the exclusion of all other persons, any money due to the jute companies in relation to its undertakings which have vested in the Central Government or the Jute Manufactures Corporation, and realised after the appointed day notwithstanding that the realisation pertains to a period prior to the appointed day. (2) The Central Government, or the Jute Manufactures Corporation, as the case may be, may make a claim to the Commissioner with regard to every payment made by that Government or Corporation, after the appointed day, for discharging any liability of a jute company, not being any liability specified in sub-section (2) of section 5, in relation to any of the undertakings owned by it in respect of any period prior to the appointed day, and every such claim shall have priority, in accordance with the priorities attaching, under this Act, to the matter in relation to.....

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Hind Cycles and Sen-raleigh Limited (Nationalisation) Act, 1980 Chapter VI

Title: Commissioner of Payments

State: Central

Year: 1980

.....Government company after the appointed day, for discharging any liability of either of the two companies, not being any liability specified in sub-section (2) of section 5, in relation to any period prior to the appointed day, and every such claim shall have priority, in accordance with the priorities attaching, under this Act, to the matter in relation to which such liability has been discharged by the Central Government or the Government company. (3) Save as otherwise provided in this Act, the liabilities or either of the two companies in respect of any transaction prior to the appointed day which have not been discharged on or before the specified date shall be the liabilities of the respective company. Section 18 - Claims to be made to the Commissioner Every person having a claim against either of the two companies with regard to any of the matters specified in the Third Schedule pertaining to any undertakings owned by it, shall prefer such claim before the Commissioner within thirty days from the specified date: Provided that if the Commissioner is satisfied that the claimant was prevented by sufficient cause from preferring the claim within the said period of.....

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Bengal Chemical and Pharmaceutical Works Limited (Acquisition and Transfer of Undertakings) Act, 1980 Chapter VI

Title: Commissioner of Payments

State: Central

Year: 1980

.....within the meaning of sections 193 and 228 of the Indian Penal Code and the Commissioner shall be deemed to be a Civil Court for the purposes of section 195 and Chapter XXVI of the Code of Criminal Procedure, 1973. (7) A claimant who is dissatisfied with the decision of the Commissioner may prefer an appeal against the decision to the principal Civil Court of original jurisdiction within the local limits of whose jurisdiction the registered office of the Company is situated : Provided that where a person who is a Judge of a High Court is appointed to be the Commissioner, the appeal shall lie to the High Court at Calcutta and such appeal shall be heard and disposed of by not less than two Judges of that High Court. Section 23 - Disbursement of money by Commissioner to claimants After admitting a claim under this Act, the amount due in respect of such claim shall be paid by the Commissioner to the person or persons to whom such amount is due, and, on such payment, the liability of the Company in respect of such claim shall stand discharged. Section 24 - Disbursement of amounts to the Company and possession of certain machinery, equipment, etc (1) If, out of the.....

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