(1) This Act may be called the 2Telangana State Aid to Industries Act, 1976.
(2) It extends to the whole of the State of 2Telangana.
(3) It shall come into force on such date as the Government may, by notification, appoint.
(4) It applies to cottage, Small-Scale and Village Industries.
2. In this Act, unless the context otherwise requires:-
(a) “Board” means the Board of Industries established under section 3;
(b) “cottage industry” means in industrial business or enterprise carried on in any premises to which the Factories Act, 1948, does not apply;
(c) “Director” means the Director of Industries, 2Telangana and includes such other officer as may be
1. The Andhra Pradesh State Aid to Industries Act, 1976 received the assent of the Governor on 18.08.1976. The said Act in force in the combined State, as on 02.06.2014, has been adapted to the State of Telangana, under section 101 of the Andhra Pradesh Reorganisation Act, 2014 (Central Act 6 of 2014) vide. the Telangana Adaptation of Laws Order, 2016, issued in G.O.Ms.No.45, Law (F) Department, dated
01.06.2016.
2. Substituted by G.O.Ms.No.45, Law (F) Department, dated 01.06.2016.
Short title, extent, commencement and application.
Definitions.
Central Act 63 of 1948 2 [Act No.53 of 1976] authorised by the Government to exercise the powers and perform the functions of the Director under this Act;
(d) “Government” means the State Government;
(e) “industry” means any business or enterprise relating to cottage small-scale or village industry conducted or undertaken, by any individual, company or association or body of individuals, whether incorporated or not, or by Panchayat Samithi or Zilla Parishad, and includes an industry ancillary thereto;
(f) “notification” means a notification published in the 4Telangana Gazette and the word "notified" shall be construed accordingly;
(g) “prescribed” means prescribed by rules made under this Act;
(h) “small-scale industry” means an industry with a capital investment of an amount not exceeding rupees ten lakhs, irrespective of the number of persons employed and includes such other industrial business or enterprise with a capital investment exceeding rupees ten lakhs but not exceeding rupees fifteen lakhs as the Government may, by notification, for reasons to be recorded therein, specify;
Explanation.- For the purpose of this clause the expression “capital investment” means the investment on plant and machinery only, calculated at the price paid by the owner, irrespective of whether the plant and machinery are new or second hand;
(i) “village industry” means an industrial business or enterprise which forms the normal occupation, whether whole-time or part-time of the rural population of the State.
[Act No.53 of 1976] 3
CHAPTER II.
BOARD OF INDUSTRIES.