INDIAN ELECTRICITY (BIHAR AMENDMENT) ACT, 1950
This Act may be called the "Indian Electricity (Bihar Amendment) Act, 1950".
the Indian Electricity Act, 1910 (hereinafter referred to as the said Act), shall, in' its application to the State of Bihar, be amended in the manner hereinafter provided.
To clause (d) of Section 5 of the said Act, the following proviso shall be added, namely: -
"Provided that where the undertaking vests in the State Government under the provisions of Section 7 A, for the purposes of valuation the time of such vesting shall be deemed to be the time of purchase."
To sub-section (2) of Section 7 of the said Act, the following proviso shall be added, namely: -
"Provided that where the undertaking vests in the State Government under the provisions of Section 7 A, for the purposes of valuation the time of such vesting shall be deemed to be the time of purchase."
After Section 7 of the said Act, the following Section shall be inserted, namely:"
(1) Notwithstanding anything contained in any law for the time being in force, the State Government may, -
(a) when it elects under clause (d) of Section 5 to purchase an undertaking, or
(b) if it elects under sub-section (2) of Section 7 to purchase an undertaking, on the expiry of the period of notice required to be given under sub-section (4) thereof, pending the purchase of the undertaking, at any time by order require the licensee to deliver possession of such undertaking to such officer as the State Government may appoint in that behalf on or before such day as may be specified in the order, and the licensee shall comply with such order. On failure of the licensee to comply with such order, the State Go
In Section 42 of the said Act, clauses (a), (b) and (c) shall be re-lettered as clauses (a), (b), (c) and (d) respectively and before clause (b), as so re-lettered, the following clause shall be inserted, namely:-
"(a) fails to comply with a requisition under Section 7 A; or."
Where the State Government has before the coming into force of this Act taken possession of any undertaking pending the purchase thereof by it under the said Act, such possession shall be deemed to have been taken in pursuance of an order issued under Section 7 A of the said Act.
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