State Act
23
Section 23. Dividends on shares.
The West Bengal Scheduled Castes Development And Finance Corporation Act, 1976
Act no. 39 of 19761976RepealedWest Bengal (State Act)
This Act was repealed on a date we do not have by the West Bengal Scheduled Castes, Scheduled Tribes and Other Backward Classes Development and Finance Corporation Act, 2017 (West Bengal Act XXX of 2017), s.33(1); it may still apply to matters that began before then.
23. The Corporation shall pay dividends on shares at such rate as may from time to time be fixed by the State Government subject to any general limitations which may be imposed by the State Government, and the payment of such dividend shall be deemed to be a part of the expenditure of the Corporation.