Section 378ZT:
Power to modify Act in its application to Producer Companies
1[378ZT. Power to modify Act in its application to Producer Companies.--(1) The Central
Government may, by notification, direct that any of the provisions of this Act (other than those contained
in this Chapter) specified in the said notification--
(a) shall not apply to the Producer Companies or any class or category thereof; or
(b) shall apply to the Producer Companies or any class or category thereof with such exception or
adaptation as may be specified in the notification.
(2) A copy of every notification proposed to be issued under sub-section (1), shall be laid in draft before
each House of Parliament, while it is in session, for a total period of thirty days which may be comprised
in one session or in two or more successive sessions, and if, before the expiry of the session immediately
following the session or the successive sessions aforesaid, both Houses agree in disapproving the issue of
the notification or both Houses agree in making any modification in the notification, the notification shall
not be issued or, as the case may be, shall be issued only in such modified form as may be agreed upon by
both the Houses.]
Notes:
1. Ins. by Act 29 of 2020, s. 52 (w.e.f. 11-2-2021).