Lawgist109General provision as to statutory corporations
(1) Save as otherwise expressly provided by the foregoing provisions of this Part, where any body corporate has been constituted under a Central Act, State Act or Provincial Act for an existing State the whole or any part of which is by virtue of the provisions of Part II transferred to any other existing State or to a new State, then, notwithstanding such transfer, the body corporate shall, as from the appointed day, continue to function and operate in those areas in respect of which it was functioning and operating immediately before that day, subject to such directions as may from time to time be issued by the Central Government, until other provision is made by law in respect of the said body corporate.
(2) Any directions issued by the Central Government under sub-section (1) in respect of any such body corporate shall include a direction that any law by which the said body corporate is governed shall in its application to that body corporate have effect subject to such exceptions and modifications as may be specified in the direction.
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- 102 Provision as to certain State Financial Corporations
- 103 Provisions as to the Madras Industrial Investment Corporation
- 104 Amendment of Act 2 of 1934
- 105 Amendment of Act 6 of 1942
- 106 Provision as to certain State Electricity Boards and apportionment of their assets and liabilities
- 107 Continuance of arrangements in regard to generation and supply of electric power and supply of water
- 108 Continuance of agreements and arrangements relating to certain irrigation, power or multi- purpose projects
- 109 General provision as to statutory corporations
- 110 Temporary provisions as to the continuance of certain existing road transport permits
- 111 Special provision relating to retrenchment compensation in certain cases
- 112 Provision as to the Devaswom Surplus Fund of Travancore
- 113 Continuance of facilities in certain State institutions
