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Orissa State-Aid to Industries Act, 1978
Section
Section Title
INTRODUCTION
CHAPTER I : PRELIMINARY
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1
Short title, extent and Commencement
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2
Definitions
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CHAPTER II : GENERAL PROVISIONS REGARDING THE GIVING OF STATE-AID
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3
Constitution of Board of Industries
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4
Forms of State-aid
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5
Delegation of power to give certain forms of State-aid
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6
Industries to which several forms of State-aid may be given
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7
Application for State-aid
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CHAPTER III : PROVISIONS THE GIVING OF STATE-AID OTHERWISE THAN BY THE SUPPLY OF MACHINERY ON HIRE PURCHASE SYSTEM
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8
Limitation of amount of loan
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9
Loan how to be secure
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10
Inspection and returns
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11
Power of State Government to adjust security during the currency of loan
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12
Guaranteeing of cash credit with Banks
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13
Termination of State-aid
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14
Repayment of loans
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15
Power of State Government to recover loan
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16
Subscription for shares or debentures or guarantee of minimum return of capital
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17
Subsidies
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18
Disposal of profits when conditions of State-aid not fulfilled
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19
Government control of aided industries
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20
Recovery of money due under this Chapter
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21
Levy of fees
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CHAPTER IV : SUPPLY OF MACHINERY ON THE HIRE-PURCHASE SYSTEM
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22
Percentage of cost to be deposited by hirer
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23
Particulars to be specified in the order when application is allowed
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24
Conditions of Supply of machinery on hire purchase system
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25
Consequences of default by the hirer
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26
Option of hirer to purchase machinery seized in default
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27
Termination of hiring by hirer
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28
Liability of hirer on termination of hiring under Sections 24 and 26
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29
Termination of hiring on payment of cost of machinery
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30
Penalties
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31
Recovery of sums due under this Chapter
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CHAPTER V : MISCELLANEOUS
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32
Supersession of Board
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33
Removal of member
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34
No State-aid to be given save in accordance with provisions of this Act
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35
Remission of interest
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36
Exemption of certain classes of persons
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37
Finality of decision of State Government and bar of suits and proceedings in Civil and Criminal Court
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38
Power to make rules
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39
Repeal and Savings
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