Maharashtra Krishna Valley Development Corporation Act, 1996

Bare Act · 1996

Act number: 15 of 1996
Enacted: 4 April 1996
Contents: 71 sections

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Section 1 – Short title, extent and commencement
Section 2 – Definitions
Section 3 – Establishment of Maharashtra Krishna Valley Development Corporation
Section 4 – Constitution of Corporation
Section 5 – Executive Committee
Section 6 – Disqualifications for membership and removal of members (preview)
Section 7 – Meetings of Corporation (preview)
Section 8 – Constitution of committees (preview)
Section 9 – Provision for inviting officers of Government and local authority (preview)
Section 10 – Filling up of casual vacancy of member (preview)
Section 11 – Act not to be invalidated by vacancy, informality, etc (preview)
Section 12 – Officers and servants of Corporation (preview)
Section 13 – Disqualification of all officers and staff (preview)
Section 14 – Authentication of orders etc. of the Corporation (preview)
Section 15 – Vesting and transfer of property to the Corporation (preview)
Section 16 – Decision of State Government on vesting of property to be final (preview)
Section 17 – Power of State Government to depute certain Government employees to Corporation (preview)
Section 18 – Function of Corporation (preview)
Section 19 – General powers of the Corporation (preview)
Section 20 – Water changes for supply of water for irrigation, industrial and domestic purposes (preview)
Section 21 – Responsibility of Corporation for payment of interest on borrowed money (preview)
Section 22 – Prohibition of construction of dam, bandhara, weir etc. except with approval of Corporation (preview)
Section 23 – Co-ordination with other authorities to minimise inconvenience caused by submergence (preview)
Section 24 – Power to be exercised by Corporation under the Maharashtra Irrigation Act, 1976 (preview)
Section 25 – Power of State Government to issue directions (preview)
Section 26 – Power to acquire land for purposes of this Act (preview)
Section 27 – Transfer of Government lands to Corporation (preview)
Section 28 – Powers of Corporation to dispose of land, etc (preview)
Section 29 – Application of Corporation’s assets, etc (preview)
Section 30 – Fund of Corporation (preview)
Section 31 – Contribution of Government to Corporation Fund (preview)
Section 32 – Grants, subventions, loans and advances to Corporation (preview)
Section 33 – Power of Corporation to borrow (preview)
Section 34 – Acceptance of deposits by Corporation (preview)
Section 35 – Power to spend (preview)
Section 36 – Expenditure on objects other than, irrigation and powers Projects (preview)
Section 37 – Allocation of expenditure chargeable to project on main objects (preview)
Section 38 – Reserve and other funds (preview)
Section 39 – Submission of budget to Corporation (preview)
Section 40 – Sanction of budget estimates (preview)
Section 41 – Government as Guarantor (preview)
Section 42 – Disposal of profits and deficits (preview)
Section 43 – Interest charges and other expenses to be added to and receipts taken for reduction of capital cost (preview)
Section 44 – Depreciation Fund (preview)
Section 45 – Apportionment of betterment charge levied by State Government (preview)
Section 46 – Financial Statement and programme of work (preview)
Section 47 – Accounts and Audit (preview)
Section 48 – Concurrent and special audit of accounts (preview)
Section 49 – Furnishing of annual reports and accounts returns etc (preview)
Section 50 – Rehabilitation and resettlement of the project affected persons (preview)
Section 51 – Execution of contracts etc (preview)
Section 52 – General penalty (preview)
Section 53 – Power of entry (preview)
Section 54 – Dues to be recovered an arrears of land revenue (preview)
Section 55 – Service of notice etc (preview)
Section 56 – Public notice how to be made known (preview)
Section 57 – Notice period for performance (preview)
Section 58 – Default in performance of duty (preview)
Section 59 – Offences by companies (preview)
Section 60 – Authority for prosecution (preview)
Section 61 – Compounding of offences by Corporation (preview)
Section 62 – Penalty for obstruction (preview)
Section 63 – Delegation of powers of Corporation (preview)
Section 64 – Protection of action taken in good faith (preview)
Section 65 – Chairman, Vice-Chairman, Executive Director, Members and Officers, etc., to be public servants (preview)
Section 66 – Effect of provisions inconsistent with other laws (preview)
Section 67 – Power to make rules (preview)
Section 68 – Power to make regulations (preview)
Section 69 – Power to remove doubts and difficulties (preview)
Section 70 – Dissolution of Corporation (preview)
Section 71 – Repeal of Mah. Ord. III of 1996 and Saving (preview)

Contents