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The National Jute Board Act

# 10    Guarantee to be operative

Any guarantee given for or in favour of the Council or the Society with respect to any loan or lease finance shall continue to be operative in relation to the Board in which the Council and the Society have vested by virtue of this Act.

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PROPERTY AND CONTRACT
  • 6
     The Council and Society to vest in Board
  • 7
     General effect of vesting of Council and Society in Board
  • 8
     Licences, etc., to be deemed to have been granted to Board
  • 9
     Tax exemption or benefits to continue have effect
  • 11
     Provisions in respect of officers and other employees of Council and Society
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