Act Number: 39

Act Name: The Textile Undertakings (Nationalisation) Act, 1995

Year: 1995

Enactment Date: 1995-09-08

Long Title: An Act to provide for the acquisition and transfer of the textile undertakings, and the right, title and interest of the owners in respect of the textile undertakings, specified in the First Schedule with a view to augmenting the production and distribution of different varieties of cloth and yarn so as to subserve the interests of the general public and for matters connected therewith or incidental thereto.

Ministry: Ministry of Textiles

Department:

Section 38: Repeal and saving.
    (1) The Textile Undertakings (Nationalisation) Ordinance, 1995 (Ord. 6 of 1995), is hereby repealed.
     (2) Notwithstanding such repeal, anything done or any action taken under the said Ordinance shall be deemed to have been done or taken under the corresponding provisions of this Act.
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