ORISSA ORDINANCE No. 3 OF 1998
THE ORISSA ELECTRICITY REFORM
(AMENDMENT)
ORDINANCE, 1998
AN ORDINANCE
FURTHER TO AMEND
THE ORISSA ELECTRICITY REFORM ACT, 1995
WHEREAS the Legislature of the State of Orissa is not in
session;
AND WHEREAS the Governor of Orissa is satisfied that
circumstances exist which render it necessary for him to take immediate action to amend
the Orissa Electricity Reform Act, 1995 in the manner hereinafter
appearing;
NOW, THEREFORE, in exercise of the powers conferred by
clause (1) of article 213 of the Constitution of India the Governor of Orissa is pleased
to make and promulgate the following Ordinance in the Forty-ninth Year of the Republic of
India :
| Short
Title: |
1. This Ordinance may be
called the Orissa Electricity Reform (Amendment) Oridnance 1998. |
Amendment
of
Section 23: |
2. In the
Orissa Electricity Reform Act, 1995, for sub-section.(5) 2 of section 23, the following
sub-section shall be substituted, namely:
"(5) The State Government may
after consulting the Gridco or OHPC, as the case may be, draw up a transfer scheme to
transfer and vest, in a subsidiary company of Gridco or OHPC or a licensee or a generating
company, any undertaking or part thereof comprising property, interest in property, rights
and liabilities and personnel including the proceedings in relation to such property,
interest and personnel of the Gridco or OHPC as the case may be, on such terms and
conditions as may be specified in the transfer scheme, and every such transfer scheme
shall come into force on the date of its publication in the Gazette and have effect as if
it were a transfer scheme under sub-section (1) and
section 24". |
Dated : 29th October,
1998
C.RANGARAJAN
GOVERNOR OF ORISSA
G.C.MOHANTY
Secretary to Government |