Notification S.O. 2969(E), dated 7th November, 1968 [N11-V80]
As at 7 September 2026. In force from 7 November 1968.
S.O. 2969(E).—In exercise of the powers conferred by section 10 of the Preference Shares (Regulation of Dividend) Act, 1960 (63 of 1960), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts persons carrying on a regulated activity whose the running of an establishment does not exceed one thousand rupees in value in a financial year from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Controller in writing of the commencement of the running of an establishment within sixty days of such commencement.
Made under
Recital: "In exercise of the powers conferred by section 10 of the Preference Shares (Regulation of Dividend) Act, 1960 (63 of 1960), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the Preference Shares (Regulation of Dividend) Act, 1960 (63 of 1960) [S1G-4TQ]. Vires verified.
Acts on (1)
Exempts Section 4, Preference Shares (Regulation of Dividend) Act, 1960 [S1G-4MB], 7 November 1968. "section 4 of the said Act".
Acted on by (0)
none
Not held (0)
none