Section 38
Provision as to certain financial Corporations.
The Andhra Pradesh and Madras (Alteration of Boundaries) Act, 1959
About this Act
An Act to provide for the alteration of boundaries of the States of Andhra Pradesh and Madras and for matters connected therewith.
(1) As from the appointed day, the Financial
Corporation constituted under the State Financial Corporations Act, 1951 (63 of 1951), for the State of
Andhra Pradesh shall be deemed to have been constituted for that State with its area as altered by the
provisions of Part II of this Act.
(2) As from the appointed day, the Madras Industrial Investment Corporation constituted for the State of Madras shall be deemed to have been constituted for that State with its area as altered by the provisions of Part II of this Act.
(2) As from the appointed day, the Madras Industrial Investment Corporation constituted for the State of Madras shall be deemed to have been constituted for that State with its area as altered by the provisions of Part II of this Act.