25Dissolution of the Commission
(1) The Central Government may, by notification in the Official Gazette, direct that the Commission shall be dissolved from such date as may be specified in the notification and thereupon the Commission shall be deemed to be dissolved accordingly.
(2) On and from the said date--
(a) all properties and funds which, immediately before the said date, were in the possession of the Commission for the purposes of this Act shall vest in the Central Government; and
(b) all members shall vacate their office as members of the Commission.
1[(3) Any time after the issue of the notification under sub-section (1), the Central Government may re-establish the Commission in accordance with the provisions of section 4 and on and from the date of the re-establishment of the Commission, the properties and funds which had previously vested in the Central Government under clause (a) of sub-section (2) shall stand vested in the Commission so re-established.]
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1. Ins. by Act 10 of 2006, s. 12 (w.e.f. 15-5-2006)
- 1 Short title and extent
- 2 Definitions
- 3 Power to add to the Schedule
- 4 Establishment and constitution of the Commission
- 5 Powers and functions of the Chief Executive Officer
- 5A Powers and functions of the Financial Adviser
- 6 Disqualifications for membership of the Commission
- 6A Removal of Chairman, Member, etc., from the Commission
- 7 Resignation of office by member
- 8 Vacancies, etc., not to invalidate acts and proceedings of the Commission
- 9 Temporary association of persons with the Commission for particular purposes
- 10 Constitution of the Board
- 11 Commission to consult the Board
- 12 Meetings of the Commission
- 12A Zonal Committee
- 13 Term of office and conditions of service of the chairman and other members
- 14 Officers and servants of the Commission
- 15 Functions of the Commission
- 16 Power of Central Government to give directions
- 17 Payment to the Commission
- 17A Commission to receive gifts, grants, etc
- 18 Funds of the Commission
- 19 Power of the Commission to spend
- 19A Standing Finance Committees
- 19B Recovery of monies due to the Commission as arrears of land-revenue
- 20 Budget
- 21 Borrowing of money
- 22 Transfer of liabilities and obligations to the Commission
- 23 Accounts and audit
- 24 Returns and reports
- 24A Exemption from liability to pay income-tax
- 25 Dissolution of the Commission
- 26 Power to make rules
- 27 Power to make regulations
- 28 Rules and Regulations to be laid before Parliament