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The Technology Development Board Act

An Act to provide for the constitution of a Board for payment of equity capital or any other financial assistance to industrial concerns and other agencies attempting development and commercial application of indigenous technology or adapting imported technology to wider domestic applications and for matters connected therewith or incidental thereto.
1995
List of Chapters & Sections
All sections
  1. All sections

  2. 1
     Short title and commencement
  3. 2
     Definitions
  4. 3
     Constitution and incorporation of the Board
  5. 4
     Secretary and other officers and employees of the Board
  6. 5
     Committees of the Board
  7. 6
     Functions of the Board
  8. 7
     Application for grant of financial assistance, etc
  9. 8
     Grants and loans by the Central Government
  10. 9
     Fund for Technology Development and Application
  11. 10
     Transfer of money receipts and liabilities
  12. 11
     Budget
  13. 12
     Annual report
  14. 13
     Accounts and audit
  15. 14
     Annual report and auditor’s report to be laid before Parliament
  16. 15
     Returns to be furnished to the Board
  17. 16
     Power of the Central Government to issue directions
  18. 17
     Power of Central Government to supersede the Board
  19. 18
     Delegation
  20. 19
     Members, officers and employees of the Board to be public servants
  21. 20
     Protection of action taken in good faith
  22. 21
     Power of Central Government to make rules
  23. 22
     Power of Board to make regulations
  24. 23
     Rules and regulations to be laid before Parliament
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