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Section 21: Small Industries Development Assistance Fund.

The Small Industries Development Bank of India Act, 1989Central Act · Act 39 of 1989

(1) With effect from such date as the Central Government may, by notification, appoint, the Small Industries Bank shall establish and maintain, a special fund to be called the Small Industries Development Assistance Fund.

(2) The Small Industries Bank may, at any time, establish any fund as part of the Small Industries Development Assistance Fund for such purpose or purposes as may be approved by the Central Government on the recommendation of the [Board], or establish any other fund as may be required by or under any law for the time being in force.

Where this provision sits

ActThe Small Industries Development Bank of India Act, 1989
Section21
Marginal noteSmall Industries Development Assistance Fund.
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.

  • substituted, Act 7 of 2000. . Subs. by Act 7 of 2000, s. 13, for "Development Bank" (w.e.f. 27-3-2000).

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