Class Rates - Law Dictionary Search Results
Home Dictionary Name: class rates Page 1 of about 29 results (0.004 seconds)Class rates
Class rates, means the rate fixed for a class of commodity in the classification. [Railways Act, 1989 (24 of 1989), s. 2 (5)]...
First class
Of the best class of the highest rank in the first division of the best quality first rate as a first class telescope...
Increase of Rent and Mortgage (Restrictions) Acts (English)
Increase of Rent and Mortgage (Restrictions) Acts (English). A series of statutes, each of a temporary character, curtailing the contractual rights, in respect of certain classes of property, of landlords and mortgagees. This legislation was rendered necessary, in the first instance, by the conditions caused by the outbreak of the Great War. The continuance of the protection to tenants and mortgagees of dwelling-houses afforded by the later Acts was made necessary by the housing shortage, caused principally by the economic effects of the war. The Courts (Emergency Powers) Act,1914 (4 & 5 Geo. 5, c. 78), was the first of such Acts: it restricted the right to levy distress or resume possession of property by landlords and of mortgagees to foreclose or realize their security. This Act was followed by a series of complicated statutes which imposed restrictions on increasing the rent and mortgage interest on properties falling within their scope. the obscure and ambiguous drafting of these ...
Locomotives. I
Locomotives. I. On Highways.--Locomotives on highways are of two classes: (a) Light Locomotives; (b) Heavy Locomotives.(a) Formerly the expression light locomotive and motor car meant the same apart from certain provisions as to registration. As to motor cars, see MOTOR CAR.Now light locomotives as defined by the (English) Road Traffic Act, 1930 (20 & 21 Geo. 5, c. 43), are mechanically propelled vehicles which are not constructed themselves to carry any load (other than water, fuel, equipment, tools, etc.), and the weight of which unladen does not exceed 11-1/2 tons, but does exceed 7-1/4 tons. Road Traffic Act, 1930 (20 & 21 Geo. 5, c. 43).A person under 21 shall not drive a light locomotive (s. 9), two persons must be employed in driving or attending, and if driving a trailer one or more in addition (s. 17). The period of continuous driving by any one person is limited by (s. 19) to 5-1/2 hours amounting to not more than 11 in the aggregate in 24 hours, and the driver is to have at ...
Bank Deposit Rate
Bank Deposit Rate, 'bank deposit rate' means the highest of the maximum rates at which interest may be paid on different classes of deposits (other than those maintained in savings account or those maintained by charitable or religious institutions) by different classes of scheduled banks in accordance with the directions given or issued to banking companies generally by the Reserve Bank of India under the Banking Regulation Act, 1949; (10 of 1949). [Additional Emoluments (Compulsory Deposit) Act, 1974 (37 of 1974) s. 2 (d)]...
National insurance
National insurance. The (English) National Insur-ance Act, 1911 (1 & 2 Geo. 5, c. 55), introduced by Mr. Lloyd George, established a wide system of compulsory state insurance covering both ill-health and unemployment, which is based upon premiums contributed in part by the employer, in part by the employee, and in part by the State. The Act consisted of three parts, the first dealing with National Health Insurance, the second with Unemployment Insurance, and the third contained miscellaneous provisions. This Act remained the basis of National Health Insurance, although the subject of very extensive amendment, until the National Health Insurance Act, 1924, consolidated the law. The law has been consolidated again by the (English) National Health Insurance Act, 1936 (26 Geo. 5, and 1 Edw. 8, c. 32), amends and repeals the whole of the Acts passed in 1920, 1922, 1924 and 1928. The arrangement is as follows:-Part I. Insured Persons and Contributions.Part II. Benefits.Part III. Approved Soc...
Current rate of interest
Current rate of interest, means the highest of the maximum rates at which interest maybe paid on different classes of deposits (other than those maintained in savings account or those maintained by charitable or religious institutions) by different classes of scheduled banks in accordance with the directions given or issued to banking companies generally by the Reserve Bank of India under the Banking Regulation Act, 1949. [The Interest Act, 1978 (14of 1978), s. 2 (b)...
Second class
Of the rank or degree below the best or highest inferior second rate as a second class house a second class passage a second class citizen...
Passenger
Passenger, 'passenger' any person on a railway in any description or class of traveling train or carriage on payment of his fare, whether at full rates or at concessional rates. Railway Passengers Fare Act, 1971, s.2(b) trespasser or person traveling without ticket or pass or authority in not a passenger, Sundari v. Union of India, AIR 1984 All 277 (278).Means a person travelling with a valid pass or ticket. [Railways Act, 1989 (24 of 1989), s. 2(29)]A Railway servant on duty is not a passenger, AIR 1988 Pat 130 (132).Passenger, is a person whom a common carrier has contracted to carry from one place to another, Sundari v. Union of India, AIR 1984 All 277.Means a person whom a common carrier has contracted to carry from one place to another, Black's Law Dictionary.Means a traveller in or on a public or private conveyance other than the driver, pilot crew, etc., New India Assurance Co. Ltd. v. Annakutty, AIR 1993 Ker 299: (1993) ILR 1 Ker 850: (1993) 1 ACC 684: (1992) 2 Ker LJ 858: (199...
Excise duty
Excise duty, it is a tax on articles produced or manu-factured in the taxing country. Generally speaking, the tax is on the manufacturer or the producer, yet laws are to be found which impose a duty of excise at stages subsequent to the manufacture or produc-tion, A.B. Abdul Kadir v. State of Kerala, (1976) 3 SCC 219: AIR 1976 SC 182: (1976) 2 SCR 690. (Constitu-tion of India, Sch. VII, List I Entry 84)According to s. 3(1) of the Customs Tariff Act, 1975 the expression 'the excise duty for the time being leviable on a like article if produced or manu-factured in India' means the excise duty for the time being in force which would be leviable on a like article if produced or manufactured in India or, if a like article is not so produced or manufactured which would be leviable on the class of description of article to which the imported article belongs, and where such duty is leviable at different rates, the highest duty, Khandelwal Metal and Engineering Works v. Union of India, (1985) 3...
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