The LEVY SUGAR PRICE EQUALISATION FUND ACT, 1976

Sections

Section 1 — Short title, extent and commencement.

(1) This Act may be called the Levy Sugar Price Equalisation Fund Act, 1976.

(2) It extends to the whole of India except the State of Jammu and Kashmir*.

(3) It shall come into force on such date 1 as the Central Government may, by notification in the Official Gazette, appoint.

Browse all 16 sections
  1. 1.Short title, extent and commencement.
  2. 2.Definitions.
  3. 3.Levy Sugar Price Equalisation Fund.
  4. 4.Determination of questions as to making of excess realisations.
  5. 5.Discharge of persons of liability in respect of amounts credited to the Fund.
  6. 6.Right of buyer to claim refund.
  7. 7.Excess realisation not to be paid to any producer of sugar.
  8. 8.Fund to vest in the Central Government.
  9. 9.Power to require producers to maintain accounts, etc.
  10. 10.Power of entry, search and seizure.
  11. 11.Power of Central Government to recover excess realisations as arrears of land revenue.
  12. 12.Dissolution of the Fund.
  13. 13.Penalties.
  14. 14.Removal of difficulties.
  15. 15.Protection of action taken in good faith.
  16. 16.Power to make rules.