Section 8

Dissolution of Development Councils.

The Industries (Development and Regulation) Act, 1951

  • Act 65 of 1951
  • Ministry of Commerce and Industry
  • Department of Promotion of Industry and Internal Trade
About this Act

An Act to provide for the development and regulation of certain industries.

All sections
    (1) The Central Government may, if it is satisfied that a Development Council should cease to continue in being, by notified order, dissolve that Development Council.
     (2) On the dissolution of a Development Council under sub-section (1), the assets of the Development Council, after its liabilities, if any, are met therefrom, shall vest in the Central Government for the purposes of this Act.
Scroll to Top