Section 7 of The Small Industries Development Bank of India Act, 1989
7. [Managing Director.]--Omitted by the Small Industries Development Bank of India (Amendment) Act, 2000 (7 of 2000) s. 4 (w.e.f. 27-3-2000).
Summary
- This section originally contained rules about the Managing Director, but it is no longer part of the active law.
- It was completely omitted by the Small Industries Development Bank of India (Amendment) Act of 2000.
- The omission became officially effective on the twenty-seventh of March, 2000.
- Because it was removed entirely, any current rules regarding the managing director are handled in other amended sections of the Act.
Practical examples
FAQ
1. What topic did Section 7 originally cover?
It originally covered the Managing Director.
2. Is Section 7 still active?
No, it was completely omitted from the Act.
3. When did the omission of Section 7 take effect?
It took effect on March 27, 2000.
Test yourself
Q1.Under Section 7 of The Small Industries Development Bank of India Act, 1989, what happens if a reader wants to find the original specific rules governing the Managing Director in this section?
Q2.Under Section 7 of The Small Industries Development Bank of India Act, 1989, which legislation was responsible for removing the contents of this provision?
Q3.Under Section 7 of The Small Industries Development Bank of India Act, 1989, on what specific date did the omission of this provision legally take effect?
Q4.Section 7 of The Small Industries Development Bank of India Act, 1989, which originally dealt with the Managing Director, was omitted. According to Section 6 of the same Act, how is the managing director role now filled?