Metal Corporation (Nationalisation and Miscellaneous Provisions) Act : PAYMENT OF AMOUNT FOR DEPRIVATION OF

Metal Corporation (Nationalisation and Miscellaneous Provisions) Act,1976

Act No : 100

Section : PAYMENT OF AMOUNT FOR DEPRIVATION OF MANAGEMENT

SECTION 10: PAYMENT OF AMOUNT FOR DEPRIVATION OF MANAGEMENT

For the deprivation of the Metal Corporation of the management of its undertaking, there shall be given, in cash, to the Metal Corporation by the Central Government, an amount, calculated at the rate of rupees eleven lakhs and thirty-nine thousand per annum, for the period commencing on the 22nd day of October, 1965, and ending on the appointed day.