Section 3
Subsbtu~ed by Ilaryana Act 26 of 1975.
3. Subsbtu~ed by Ilaryana Act 26 of 1975.
1
(a) electior! of members of the Hoard under cIauscs (e), (f) and (g) of sub-section (1) of section 3 ;
(b) regulating the havelling allowance under section 10 ;
(c) lhe manner of making application for Stale aid under section 19 ;
(d) the delegalion of power to give loans under section 20 ;
(e) the lorn of decd to be executed undcr seclion 2 1 ;
(fl the naturc and amounr of the security to be taken under sections 21 and 36 for the duc application and repayment of the Slate aid or renb together wilh all iriterest due thcreon, iT any, and the rate of interest a1 which and the conditions under which S~ale aid may be granted :
Provided that where the security consists wholly or in part of the premises, machinery, stock, stores or other property, present or future, movable or immovable of [he industry concerned, then the whole of such properly present and future, movable and immovabIe, may be made liable for the recovery of the loan and all interest due thereon. if any ;
(g) the inspcclion under section 26 of the premises, buildings, machinery and stock-in-hand and the mode of kceping and auditing the account and of furnishing returns of any jnduslty in respect of which Slate aid has been given ;
(h) themanner inand the placeat whichnolicesororder~smay be served on any borrower;
(il the form of the declaralion LO bc used under seclion 24;
(j) the fixing of the period for the repayrncnt of loans;
(kJ Ihc application under section 33 of profits in the case in which the conditions on which State aid ha$ been given, have not been fulfilled ;
(I) the appointment and functions of directors appointed by the l [State] Governrncnt undcr section 34 and the prescrj bing of other methods of control of industries to which Stare aid has been given ;
(m) the percentage of the cosl of machinery lo be dcposiled under section 36 ;
(nJ the addirionaI particulars to be specified in the grder referred lo in section 37 and the condilions on which machinery may be supplied on the hire-purchasc syskrn ;
Roop's Law Assist