The Damodar Valley Corporation Act `1948
An Act to provide for the establishment and regulation of a Corporation for the development of the Damodar Valley in the Provinces of Bihar and West Bengal.
List of Chapters & Sections
INTRODUCTORY
ESTABLISHMENT OF THE CORPORATION
General
Irrigation and water-supply
Supply and generation of electrical energy
Other activities
Powers
Co-operation and avoidance of submersion
FINANCE, ACCOUNTS AND AUDIT
MISCELLANEOUS
INTRODUCTORY
ESTABLISHMENT OF THE CORPORATION
General
Irrigation and water-supply
Supply and generation of electrical energy
Other activities
Powers
Co-operation and avoidance of submersion
FINANCE, ACCOUNTS AND AUDIT
- 27Expenditure till the Corporation is established
- 28Vesting of property in the Corporation
- 29Fund of the Corporation
- 30Liabilities of participating Governments to provide capital to the Corporation
- 31Payment by participating Government on specified date
- 32Expenditure on objects other than irrigation, power and flood control
- 33Allocation of expenditure chargeable to project on main objects
- 34Capital allocated to irrigatio
- 35Capital allocated to power
- 36Capital allocated to flood control
- 37Disposal of profits and deficits
- 38Payment of interes
- 39Interest charge and other expenses to be added to and receipts taken for reduction of capital cost
- 40Provision for depreciation and reserve and other funds
- 41Corporation's share in betterment levy by State Governments
- 42. Borrowing of mone
- 43Liability to pay Central taxes
- 44Budget
- 45Annual report
- 46Other annual financial statements
- 47Accounts and audit
MISCELLANEOUS
- 48Directions by the Central Governmen
- 49Disputes between the Corporation and Governments
- 50. Compulsory acquisition of land for the Corporation
- 51. Control of Central Government
- 52Application of certain provisions of the Indian Forest Act, 1927, to the forests of the Corporation
- 53Penalty
- 54Procedure for prosecution
- 55Power of entry
- 56Members, officers and servants of the Corporation to be public servants
- 57Protection of action of action taken under the Act
- 58. Effect of other laws
- 59. Power to make rules
- 60Power to make regulations