Act Number: 44

Act Name: The Technology Development Board Act, 1995

Year: 1995

Enactment Date: 1995-12-16

Long Title: An Act to provide for the constitution of a Board for payment of equity capital or any other financial assistance to industrial concerns and other agencies attempting development and commercial application of indigenous technology or adapting imported technology to wider domestic applications and for matters connected therewith or incidental thereto.

Ministry: Ministry of Science and Technology

Department: Department of Science and Technology

Section 20: Protection of action taken in good faith.
    No prosecution or other legal proceeding shall lie against the Government, or the Board or any committee appointed by it, or any member of the Board or such committee, or any officer or employee of the Government or the Board or any other person authorised by the Government or the Board, for anything which is in good faith done or intended to be done under this Act or the rules or regulations made thereunder.
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