No. 22]

CHENNAI, FRIDAY, JANUARY 18, 2019

Thai 4, Vilambi, Thiruvalluvar Aandu–2050

TAMIL NADU

GOVERNMENT GAZETTE

EXTRAORDINARY

PUBLISHED BY AUTHORITY

©

[Regd. No. TN/CCN/467/2012-14.

GOVERNMENT OF TAMIL NADU

[R. Dis. No. 197/2009.

2019

[Price: Re. 0.806Paise.

Part IV—Section 2

Tamil Nadu Acts and Ordinances

[ 29 ]

22-Ex-IV-2

An Act to amend the Tamil Nadu Industrial Township Area

Development Authority Act, 1997.

Bඍ it enacted by the Legislative Assembly of the State of Tamil Nadu in the

Sixty-ninth Year of the Republic of India as follows:—

1. (1) This Act may be called the Tamil Nadu Industrial Township Area

Development Authority (Amendment) Act, 2019.

Short title and

commence-

ment.

(2) It shall come into force at once.

Tamil Nadu Act

33 of 1997.

2. In section 2 of the Tamil Nadu Industrial Township Area Development

Authority Act, 1997 (hereinafter referred to as the principal Act), after clause (e), the

following clause shall be added, namely:—

Amendment of

section 2.

“(f) “Special Purpose Vehicle” means a Government company as defi ned

in clause (45) of section 2 of the Companies Act, 2013 (Central Act 18 of 2013),

formed for industrial development or any related purpose including planning and

development, administering the aff airs of, or maintaining of, the industrial area.”.

The following Act of the Tamil Nadu Legislative Assembly received the assent

of the Governor on the 16th January 2019 and is hereby published for

general information:—

ACT No. 8 of 2019.

TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY

30

(By order of the Governor)

S.S. POOVALINGAM,

Secretary to Government,

Law Department.

3. After section 23 of the principal Act, the following section shall be inserted,

namely:—

Insertion of new

section 23-A.

“23-A. Delegation of powers and functions.—

(1) The Authority may, with the prior approval of the Government, delegate all

or any of its powers and functions, except the powers under section 25, for a period

not exceeding thirty years at a time:

Provided that the period for which the delegation given under this section

may be diff erent for diff erent kinds of powers and functions.

(2) The powers and functions delegated under sub-section (1) shall stand

withdrawn if the said Special Purpose Vehicle ceases to be a Government company.”.

PRINTED AND PUBLISHED BY THE DIRECTOR OF STATIONERY AND PRINTING, CHENNAI

ON BEHALF OF THE GOVERNMENT OF TAMIL NADU