Textile Undertakings (Nationalisation) Act,1995 |
Act No : 39 of 1995 |
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Contents of Act: |
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SECTION( 25. ) Disbursement of amount to the owners. | |
SECTION( 26. ) Undisbursed or unclaimed amounts to be deposited to the generalreserve account. | |
SECTION( CHAP ) MISCELLANEOUS | |
SECTION( 27. ) Assumption of liability. | |
SECTION( 28. ) Management to continue to vest in the Custodian until alternativearrangements are made. | |
SECTION( 29. ) Act to override all other enactments. | |
SECTION( 30. ) Contracts to cease to have effect unless ratified by the NationalTextile Corporation. | |
SECTION( 31. ) Penalties. | |
SECTION( 32. ) Offences by companies. | |
SECTION( 33. ) Protection of action taken in good faith. |