THE GUJARAT STATE GUARANTEES ACT, 1963
PART IV
Acts of the Gujarat Legislature and Ordinances promulgated and Regulations made by the Governor.
The following Act of the Gujarat Legislature, having been assented to by the Governor on the 2nd May 1963 is hereby published for general information.
AKBAR S. SARELA,
Secretary to the Government of Gujarat,
Legal Department.
GUJARAT ACT NO. XXII OF 1963
[First published, after having received the assent of the Governor in the “Gujarat Government Gazette” on the 6th May 1963].
An Act to fix the limit upto which the executive power of the State shall extend to the giving guarantees.
It is hereby enacted in the Fourteenth Year of the Republic of India as follows:-
Short title
1. This Act may be called the Gujarat State Guarantees Act, 1963.
Fixation of limit upto which the State may give guarantees
2. (1) The limit upto which the executive power of the State Government shall extend to the giving of guarantees (including the guarantees given before the commencement of this Act) as provided in clause (1) of article 293 of the Constitution shall be the sum of Rs.60,00,00,000.
(2) The State Government shall lay before the State Legislature—
(a) a statement of any guarantee given as soon as may be after it is given, and
(b) within three months after the end of any financial year in which any guarantees so given are in force, an account of the total sums, if any, which during that year have been either issued out of the Consolidated Fund of the State or paid in or towards repayment of any sum so issued.
THE GUJARAT STATE GUARANTEES (AMENDMENT) ACT, 1963
PART IV
Acts of the Gujarat Legislature and Ordinances promulgated and Regulations made by the Governor.
CONTENTS
GUJARAT ACT NO. XXXIV OF 1963.—An Act further to amend the Gujarat State Guarantees Act, 1963.
The following Act of the Gujarat Legislature, having been assented to by the Governor on the 17th September 1963 is hereby published for general information.
AKBAR S. SARELA,
Secretary to the Government of Gujarat,
Legal Department.
GUJARAT ACT NO. XXXIV OF 1963.
(First published, after having received the assent of the Governor in the “Gujarat Government Gazette” on the 20th September 1963.)
An Act further to amend the Gujarat State Guarantees Act, 1963.
It is hereby enacted in the Fourteenth Year of the Republic of India as follows:-
Short title
1. This Act may be called the Gujarat State Guarantees (Amendment) Act, 1963.
Amendment of section 2 of Guj. XXII of 1963
2. In sub-section (1) of section 2 of the Gujarat State Guarantees Act, 1963, for the letters and figures “Rs. 60,00,00,000” the letters and figures “Rs.1,00,00,00,000” shall be substituted. |
