Act Number: 6

Act Name: The Kalakshetra Foundation Act, 1993

Year: 1994

Enactment Date: 1994-01-04

Long Title: An Act to declare Kalakshetra of Madras to be an institution of national importance to provide for the establishment and incorporation of a Foundation for its administration, to make provisions for further development of Kalakshetra in accordance with the aims and objects for which Kalakshetra was founded and for matters connected therewith or incidental thereto.

Ministry: Ministry of Culture

Department:

Section 6: Central Government to direct vesting of assets and properties in the Foundation.
    (1) Notwithstanding anything contained in sections 4 and 5, the Central Government shall direct, by notification, that the right, title and interest in relation to the assets and properties of Kalakshetra, which had vested in it under section 4, shall vest in the Foundation on such date, not being a date earlier than the date of commencement of this Act, as may be specified in the notification.
     (2) On and from the date of vesting of the right, title and interest in relation to the assets, and properties of Kalakshetra in the Foundation under sub-section (1),--
         (a) the Foundation shall be deemed to have become the owner of the assets and properties; and
         (b) the rights and liabilities of the Central Government, in relation to such assets and properties shall be deemed to have become the rights and liabilities respectively of the Foundation.
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