West Ben. Act XXII of 1993. — The West Bengal Municipal Act, 1993

West Ben. Act XXII of 1993. 5 of 1970. GOVERNMENT OF WEST BENGAL LAW DEPARTMENT Legislative West Bengal Act XXXII of 1997 THE WEST BENGAL MUNICIPAL (AMENDMENT) ACT, 1997. [Passed by the West Bengal Legislature.] [Assent of the President of India was first published in the Calcutta Gazette, Extraordinary, of the 9th March, 1998.] [9th March, 1998.] An Act to amend the West Bengal Municipal Act, 1993. WHEREAS it is expedient to amend the West Bengal Municipal Act, 1993, for the purposes and in the manner hereinafter appearing; It is hereby enacted in the Forty-eighth Year of the Republic of India, by the Legislature of West Bengal, as follows:- This Act may be called the West Bengal Municipal (Amendment) Act, 1997. It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint. In section 2 of the West Bengal Municipal Act, 1993 (hereinafter referred to as the principal Act),— clause (1) shall be renumbered as clause (1A) and before clause (1A) as so renumbered, the following clause shall be inserted:— `(1) "Annual Development Plan" means the Annual Development Plan prepared under section 300;'; clause (IA) shall be renumbered as clause (1B); after clause (10), the following clause shall be inserted:— (10A) "corporate sector" means a financial institution. Explanation.—"Financial institution" shall mean- (a) a bank to which the provisions of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, do not apply, Short title and commencement. Amendment of section 2 of West Ben. Act XXII of 1993. (Section 2.) (b) a financial institution which is not maintained or managed by the Central Government or the State Government, (c) a private company,or a limited company (being a public company), as defined in t