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Section 19B: Corporation to obtain the approval of the Central Government in certain cases.

The Road Transport Corporations Act, 1950Central Act · Act 64 of 1950

[19B. Corporation to obtain the approval of the Central Government in certain cases.--In the exercise of any of its powers under this Act, the Corporation shall not incur on any single work, service or scheme or for any other purpose a capital expenditure of more than twenty-five lakhs of rupees except with the previous approval of the Central Government.]

Where this provision sits

ActThe Road Transport Corporations Act, 1950
Section19B
Marginal noteCorporation to obtain the approval of the Central Government in certain cases.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act 71 of 1971. . Ins. by Act 71 of 1971, s. 7(a) and the First Schedule (w.e.f. 3-9-1971).

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