The INDUSTRIAL FINANCE CORPORATION (TRANSFER OF UNDERTAKING AND REPEAL) ACT, 1993

Sections

Section 1 — Short title and commencement.

(1) This Act may be called the Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993.

(2) It shall be deemed to have come into force on the 1st day of October, 1992.

Browse all 12 sections
  1. 1.Short title and commencement.
  2. 2.Definitions.
  3. 3.Undertaking of the Corporation to vest in the company.
  4. 4.General effect of vesting of undertaking in the Company.
  5. 5.Concession, etc., to be deemed to have been granted to the Company.
  6. 6.Tax exemption or benefit to continue to have effect.
  7. 7.Guarantee to be operative.
  8. 8.Provisions in respect of officers and other employees of Corporation.
  9. 9.Act 18 of 1891 to apply to the books of the Company.
  10. 10.Shares, bonds and debentures to be deemed to be approved securities.
  11. 11.Repeal and saving of Act 15 of 1948.
  12. 12.Repeal and saving.