Rajasthan Khadi and Village Industries Board Act, 1955
No: 5 Dated: Apr, 09 1955
Rajasthan Khadi and Village Industries Board Act, 1955
Act No. 5 of 1955
An Act to provide for the incorporation and establishment of a Board for encouraging and organising Khadi and Village Industries in Rajasthan.
Be it enacted by the State Legislature of Rajasthan in the Sixth Year of the Republic of India as follows:-
CHAPTER I
Preliminary
1. Short title, extent and commencement. - (1) This Act may be called the Rajasthan Khadi and Village Industries Board Act, 1955.
[(a) It extends to the whole of the State of Rajasthan.]
(2) It shall come into force at once.
(3) As from the 1st day of February, 1959, it shall cease to have effect in the territories, which, immediately, before the 1st November, 1956, were comprised in the Sironj sub-division of Kotah District in the State of Rajasthan.
2. Interpretation. - (1) In this Act, unless the context otherwise requires-
(a) "Board" means the Rajasthan Khadi and Village Industries Board constituted under section 3;
[(aa) "Commission" means the Khadi and Village Industries Commission established under the Khadi and Village Industries Commission Act, 1956 (Central Act 61 of 1956)];
[(aaa) "Commercial bank" means-
(i) a banking company as defined in section 5(c) of the Banking Regulation Act, 1948 (Central Act 10 of 1949);
(ii) Reserve Bank of India as established by the Reserve Bank of India Act, 1934 (Central Act 11 of 1934) and a scheduled bank as defined in the said Act;
(iii) State Bank as constituted under the State Bank of India Act, 1955 (Central Act 23 of 1955), including its subsidiary banks as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (Central Act 38 of 1959);
(iv) a corresponding new bank as defined in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (Central Act 5 of 1970); and
(v) such other banking or financing institution as the State Government may, by notification in the Official Gazette, specify as a commercial bank for the purposes of this Act.]
(b) "Khadi" means any handloom cloth woven from yarn handspun in India;
(c) "prescribed" means prescribed by rules made under this Act;
[(cc) 'State" means the State of Rajasthan as formed by section 10 of the States Reorganisation Act, 1956 (Central Act 37 of 1956); and]
(d) "Village Industries" includes such industries as may be recommended from time to time by the Khadi and Village Industries Board appointed by the Central Government and such other industries, as may be determined by the Board to be village industries.