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The Damodar Valley Corporation Act, 1948

[Act No. 14 of 19481]

[27th March, 1948.]

Contents:
Title The Damodar Valley Corporation Act, 1948
Sections:
Part I Preliminary
1. Short title, extent and commencement
2. Interpretation
Part II Establishment of The Corporation
3. Incorporation
4. Constitution of the Corporation
5. Conditions of service of members
6. Appointment of officers and servants
7. Conditions of service of officers and servants
8. Functions and duties of members
9. General disqualification of all officers and servants
10. Appointment of Advisory Committee
Part III Functions and Powers of The Corporation
General
11. Limits of Damodar Valley and area of operations
12. Functions of the Corporation
Irrigation and water-supply
13. Provision for irrigation and water-supply
14. Rates for supply of water for irrigation
15. Rates for supply of water for industrial and domestic purposes
16. Supply of water to those whose supply has been stopped or reduced
17. Construction of dam, etc., prohibited except with the approval of the Corporation
18. Supply and generation of electrical energy
19. Effect on existing licences
20. Charges for supply of electrical energy
Other activities
21. Other activities of the Corporation
Powers
22. General powers of the Corporation
23. Power to close roads and open spaces
24. Powers under certain other enactments
Co-operation and avoidance of submersion
25. Co-operation with other authorities to minimise inconvenience caused by submersion
26. Submersion of coal mines to be avoided by the Corporation
Part V Finance, Accounts and Audit
27. Expenditure till the Corporation is established
28. Vesting of property in the Corporation
29. Fund of the Corporation
30. Liabilities of participating Governments to provide capital to the Corporation
31. Payment by participating Government on specified date
32. Expenditure on objects other than irrigation, power and flood control
33. Allocation of expenditure chargeable to project on main objects
34. Capital allocated to irrigation
35. Capital allocated to power
36. Capital allocated to flood control
37. Disposal of profits and deficits
38. Payment of interest
39. Interest charge and other expenses to be added to and receipts taken for reduction of capital cost
40. Provision for depreciation and reserve and other funds
41. Corporation's share in betterment levy by State Governments
42. Borrowing of money
43. Liability to pay Central taxes
44. Budget
45. Annual report
46. Other annual financial statements
47. Accounts and audit
Part V Miscellaneous
48. Directions by the Central Government
49. Disputes between the Corporation and Governments
50. Compulsory acquisition of land for the Corporation
51. Control of Central Government
52. Application of certain provisions of the Indian Forest Act, 1927, to the forests of the Corporation
53. Penalty
54. Procedure for prosecution
55. Power of entry
56. Members, officers and servants of the Corporation to be public servants
57. Protection of action of action taken under the Act
58. Effect of other laws
59. Power to make rules
60. Power to make regulations
The Schedule [See Section 24]


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