Section 23

Utilisation of Small Industries Development Assistance Fund.

The Small Industries Development Bank of India Act, 1989

  • Act 39 of 1989
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to establish the Small Industries Development Bank of India as the principal financial institution for the promotion, financing and development of industry in the small-scale sector and to co-ordinate the functions of the institutions engaged in the promotion, financing or developing industry in the small-scale sector and for matters connected therewith or incidental thereto.

All sections
    The Small Industries Bank may disburse or spend from the Small Industries Development Assistance Fund, any amount for such purposes as the Central Government may, on the recommendation of the 1[Board], specify.

Notes

1. Subs. by s. 14, ibid., for "Development Bank" (w.e.f. 27-3-2000).

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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