THE AUROVILLE FOUNDATION ACT, 1988

ACT NO. 54 OF 1988 · Enacted [29th September, 1988.] · 34 sections

PRELIMINARY

Section 1.Short title.

Section 2.Definitions.

ACQUISITION AND TRANSFER OF UNDERTAKINGS OF AUROVILLE

Section 3.Transfer to, and vesting in, the Central Government of certain undertakings of the Society, trust and bodies.

Section 4.General effect of vesting.

Section 5.Central Government or Foundation to be liable for certain prior liabilities.

Section 6.Power of Central Government to direct vesting of the undertakings in the Foundation.

Section 7.Management, etc., of the undertakings.

Section 8.Duties of persons in charge of management by undertakings to deliver all assets.

Section 9.Certain powers of the Central Government or the Foundation.

THE AUROVILLE FOUNDATION

Section 10.Establishment and incorporation of the Foundation.

Section 11.Governing Board.

Section 12.Term of office of members.

Section 13.Salary and allowances and other conditions of service of Chairman.

Section 14.Meetings of the Governing Board.

Section 15.Secretary and other officers of the Foundation.

Section 16.Committees of the Governing Board.

Section 17.Powers and functions of the Governing Board.

Section 18.Residents‟ Assembly.

Section 19.Functions of Residents‟ Assembly.

Section 20.Working Committee or Residents‟ Assembly.

Section 21.Advisory Council.

Section 22.Dissolution of the Foundation.

Section 23.Grant by Central Government to the Foundation.

MISCELLANEOUS

Section 24.Duty to furnish returns, etc.

Section 25.Borrowing powers of the Governing Board.

Section 26.Accounts and audit.

Section 27.Act to have overriding effect.

Section 28.Contracts to cease to have effect unless ratified by the foundation.

Section 29.Penalties.

Section 30.Protection of action taken in good faith.

Section 31.Power to make rules.

Section 32.Power to make regulations.

Section 33.Rules and regulations to be laid before Parliament.

Section 34.Power to remove difficulties.