LawgistThe Lady Hardinge Medical College and Hospital (Acquisition and Miscellaneous Provisions) Act
4Payment of amount
(1) The Central Government shall give, in cash, to the Treasurer an amount equivalent to the sum of rupees one lakh for the transfer to, and vesting in, the Central Government, under section 3, of the Lady Hardinge Medical College and Hospital.
(2) The amount, referred to in sub-section (1), shall be paid within three months from the appointed day (hereafter in this section referred to as the specified period).
(3) The amount, referred to in sub-section (1), if not paid within the specified period, shall carry interest at the rate of four per cent. per annum from the date of expiry of the specified period until the payment thereof
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All sections
- 1 Short title and commencement
- 2 Definitions
- 3 Lady Hardinge Medical College and Hospital to vest in Central Government
- 4 Payment of amount
- 5 Lady Hardinge Medical College and Hospital to be administered as Government institution
- 6 Applicability of Act 2 of 1882 to Board of Administration
- 7 Amount to be held for purposes of Scheme
- 8 Kalavati Saran Hospital to be managed as Government institution
- 9 Act to override all other enactments
- 10 Provisions relating to officers and other employees of Lady Hardinge Medical College and Hospital and Kalavati Saran Hospital
- 11 Effect of contracts, etc
- 12 Contracts, in bad faith or detrimental to the interests of Lady Hardinge Medical College and Hospital and Kalavati Saran Hospital to be cancelled or varied
- 13 Duty to deliver possession of property, etc
- 14 Penalty
- 15 Offences by companies
- 16 Protection of action taken in good faith
- 17 Cognizance of offences
- 18 Indemnity
- 19 Power to make rules
