Section 47: Assets and liabilities of State undertakings.

The Bihar Reorganisation Act, 2000Central Act · Act 30 of 2000

(1) The assets and liabilities relating to any commercial or industrial undertaking of the existing State of Bihar shall pass to the State in which the undertaking is located.

(2) Where a depreciation reserve fund is maintained by the existing State of Bihar for any such commercial or industrial undertaking, the securities held in respect of investments made from that fund shall pass to the State in which the undertaking is located.

Where this provision sits

Act	The Bihar Reorganisation Act, 2000
Section	47
Marginal note	Assets and liabilities of State undertakings.
Jurisdiction	Central
Status	In force as published by the source

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