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The Road Transport Corporations Act, 1950

Chapter III — POWERS AND DUTIES OF CORPORATION

Section 19BCorporation to obtain the approval of the Central Government in certain cases

Read in the full Act
Section 19B: Corporation to obtain the approval of the Central Government in certain cases

19B. Corporation to obtain the approval of the Central Government in certain cases

[19B. Corporation to obtain the approval of the Central Government in certain cases.—In the exercise of any of its powers under this Act, the Corporation shall not incur on any single work, service or scheme or for any other purpose a capital expenditure of more than twenty-five lakhs of rupees except with the previous approval of the Central Government.]

Amendment notes (1)
  1. Ins w.e.f. 3-9-1971 . Ins. by Act 71 of 1971, s. 7(a) and the First Schedule (w.e.f. 3-9-1971).