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Legal Library
THE DAMODAR VALLEY CORPORATION ACT, 1948
All Acts
THE DAMODAR VALLEY CORPORATION ACT, 1948
ACT NO. 14 OF 1948 · Enacted [27th March, 1948.] · 60 sections
INTRODUCTORY
Section 1.
Short title, extent and commencement.
Section 2.
Interpretation.
ESTABLISHMENT OF THE CORPORATION
Section 3.
Incorporation.
Section 4.
Constitution of the Corporation.
Section 5.
Conditions of service of members.
Section 6.
Appointment of officers and servants.
Section 7.
Conditions of service of officers and servants.
Section 8.
Functions and duties of members.
Section 9.
General disqualification of all officers and servants.
Section 10.
Appointment of Advisory Committee.
Section 11.
Limits of Damodar Valley and area of operations.
Section 12.
Functions of the Corporation.
Irrigation and water-supply
Section 13.
Provision for irrigation and water-supply.
Section 14.
Rates for supply of water for irrigation.
Section 15.
Rates for supply of water for industrial and domestic purposes.
Section 16.
Supply of water to those whose supply has been stopped or reduced.
Section 17.
Construction of dam, etc., prohibited except with the approval of the Corporation.
Supply and generation of electrical energy
Section 18.
Supply and generation of electrical energy.
Section 19.
Effect on existing licences.
Section 20.
Charges for supply of electrical energy.
Other activities
Section 21.
Other activities of the Corporation.
Powers
Section 22.
General powers of the Corporation.
Section 23.
Power to close roads and open spaces.
Section 24.
Powers under certain other enactments.
Co-operation and avoidance of submersion
Section 25.
Co-operation with other authorities to minimise inconvenience caused by submersion.
Section 26.
Submersion of coal mines to be avoided by the Corporation.
FINANCE, ACCOUNTS AND AUDIT
Section 27.
Expenditure till the Corporation is established.
Section 28.
Vesting of property in the Corporation.
Section 29.
Fund of the Corporation.
Section 30.
Liabilities of participating Governments to provide capital to the Corporation.
Section 31.
Payment by participating Government on specified date.
Section 32.
Expenditure on objects other than irrigation, power and flood control.
Section 33.
Allocation of expenditure chargeable to project on main objects.
Section 34.
Capital allocated to irrigation.
Section 35.
Capital allocated to power.
Section 36.
Capital allocated to flood control.
Section 37.
Disposal of profits and deficits.
Section 38.
Payment of interest.
Section 39.
Interest charge and other expenses to be added to and receipts taken for reduction of capital cost.
Section 40.
Provision for depreciation and reserve and other funds.
Section 41.
Corporation's share in betterment levy by State Governments.
Section 42.
Borrowing of money.
Section 43.
Liability to pay Central taxes.
Section 44.
Budget.
Section 45.
Annual report.
Section 46.
Other annual financial statements.
Section 47.
Accounts and audit.
MISCELLANEOUS
Section 48.
Directions by the Central Government.
Section 49.
Disputes between the Corporation and Governments.
Section 50.
Compulsory acquisition of land for the Corporation.
Section 51.
Control of Central Government.
Section 52.
Application of certain provisions of the Indian Forest Act, 1927, to the forests of the Corporation.
Section 53.
Penalty.
Section 54.
Procedure for prosecution.
Section 55.
Power of entry.
Section 56.
Members, officers and servants of the Corporation to be public servants.
Section 57.
Protection of action of action taken under the Act.
Section 58.
Effect of other laws.
Section 59.
Power to make rules.
Section 60.
Power to make regulations.