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Section 25: Acquisition of property

The Employee's State Insurance Rule 1950State Rules of Chhattisgarh · 1948

Subject to the provisions of rule 29 and such conditions as may, from time to time, be laid down by the Corporation, the Director General may, for the purposes of this Act, acquire on behalf of the Corporation movable or immovable property :

Provided that sanction of the Standing Committee shall be required for the exchange of any immovable property, for the taking of any property on lease for a term exceeding twelve months, or for the acceptance of any gift or bequest of property burdened an obligation.

Note. — The sanction of the Standing Committee may be given either generally or for any class of cases or specially for any particular case.

Where this provision sits

ActThe Employee's State Insurance Rule 1950
Section25
Marginal noteAcquisition of property
JurisdictionState of Chhattisgarh
StatusIn force as published by the source

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