Act Number: 14

Act Name: The Damodar Valley Corporation Act, 1948

Year: 1948

Enactment Date: 1948-03-27

Long Title: An Act to provide for the establishment and regulation of a Corporation for the development of the Damodar Valley in the Provinces of Bihar and West Bengal.

Ministry: Ministry of Power

Department:

Section 27: Expenditure till the Corporation is established.
    All expenditure incurred by the Central Government for and in connection with the establishment of the Corporation up to the date of its establishment shall be treated as the capital provided by the Central Government to the Corporation and such capital shall be adjusted between the participating Governments in accordance with the provisions of sections 30 to 36.
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