[16L. Preparation of an inventory of the assets and liabilities and list of members and creditors of managed tea undertaking or tea unit.--For the purposes of this Act, the authorised person shall, as soon as may be after taking over the management of a tea undertaking or tea unit, prepare a complete inventory of the properties, belongings, liabilities and obligations of such tea undertaking or tea unit, as the case may be, and a list of members and creditors of such tea undertaking or tea unit, in accordance with the provisions of section 18FG of the Industries (Development and Regulation) Act, 1951 (65 of 1951), and the said section shall apply to a tea undertaking or tea unit accordingly.
Section 16L: Preparation of an inventory of the assets and liabilities and list of members and creditors of managed tea undertaking or tea unit.
The Tea Act, 1953Central Act · Act 29 of 1953
Where this provision sits
| Act | The Tea Act, 1953 |
|---|---|
| Section | 16L |
| Marginal note | Preparation of an inventory of the assets and liabilities and list of members and creditors of managed tea undertaking or tea unit. |
| Jurisdiction | Central |
| Status | In 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 75 of 1976. . Ins. by Act 75 of 1976, s. 2 (w.e.f. 11-6-1976).
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