The Technology Development Board Act, 1995
Central Act · Act 44 of 199523 provisions
The enactment
| Long title | An Act to provide for the constitution of a Board for payment of equity capital or any other financial assistance to industrial concerns and other agencies attempting development and commercial application of indigenous technology or adapting imported technology to wider domestic applications and for matters connected therewith or incidental thereto. |
|---|---|
| Type | Act |
| Citation | Act 44 of 1995 |
| Year | 1995 |
| Jurisdiction | Central |
| Ministry | Ministry of Science and Technology |
| Status | In force as published by the source |
| Provisions published | 23 |
Full text, provision by provision
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- Section 1 Short title and commencement.
- Section 2 Definitions.
- Section 3 Constitution and incorporation of the Board.
- Section 4 Secretary and other officers and employees of the Board.
- Section 5 Committees of the Board.
- Section 6 Functions of the Board.
- Section 7 Application for grant of financial assistance, etc.
- Section 8 Grants and loans by the Central Government.
- Section 9 Fund for Technology Development and Application.
- Section 10 Transfer of money receipts and liabilities.
- Section 11 Budget.
- Section 12 Annual report.
- Section 13 Accounts and audit.
- Section 14 Annual report and auditor’s report to be laid before Parliament.
- Section 15 Returns to be furnished to the Board.
- Section 16 Power of the Central Government to issue directions.
- Section 17 Power of Central Government to supersede the Board.
- Section 18 Delegation.
- Section 19 Members, officers and employees of the Board to be public servants.
- Section 20 Protection of action taken in good faith.
- Section 21 Power of Central Government to make rules.
- Section 22 Power of Board to make regulations.
- Section 23 Rules and regulations to be laid before Parliament.
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