Act Number: 54

Act Name: The Auroville Foundation Act, 1988

Year: 1988

Enactment Date: 1988-09-29

Long Title: An Act to provide for the acquisition and transfer of the undertakings of Auroville and to vest such undertakings in a foundation established for the purpose with a view to making long-term arrangements for the better management and further development of Auroville in accordance with its original charter and for matters connected therewith or incidental thereto.

Ministry: Ministry of Human Resource Development

Department: Department of Higher Education

Section 7: Management, etc., of the undertakings.
    (1) The general superintendence, direction, control and management of the affairs of the undertakings, the right, title and interest in relation to which have vested in the Central Government under section 3, shall,--
         (a) where a direction has been made by the Central Government under sub-section (1) of section 6, vest in the Foundation; or
         (b) where no such direction has been made by the Central Government, vest in a Custodian appointed by the Central Government under sub-section (2),
and, thereupon, the Foundation, or the Custodian so appointed, as the case may be, shall be entitled to exercise all such powers and do all such things as the Society, trust or body, as the case may be, is authorised to exercise and do in relation to its undertakings.
     (2) The Central Government may appoint any person as the Custodian of the undertakings in relation to which no direction has been made by it under sub-section (1) of section 6.
     (3) The Custodian so appointed shall receive such remuneration as the Central Government may fix and shall hold office during the pleasure of the Central Government.
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