(1) The Government may, by notification, make rules generally for carrying out the purposes of this Act.
(2) All rules made under this Act shall be laid, as soon z: may be after they are so made, before the House of the State Legislature, while it is in session, for a period of not less than fourteen days, which may be comprised in one session or in two successive sessions and, if before the expiry of the session in which they are so laid or of the session immediately following, the House of the State Legislature makes any modification in any of such rules or resolves that any such rule should not be made, such rule shall thereafter have effect only in such modified form or be of ' no effect, as the case may be, so however that any modification or annulment shall be without prejudice to the validity of anything previously done thereunder.
(2) All rules made under this Act shall be laid, as soon z: may be after they are so made, before the House of the State Legislature, while it is in session, for a period of not less than fourteen days, which may be comprised in one session or in two successive sessions and, if before the expiry of the session in which they are so laid or of the session immediately following, the House of the State Legislature makes any modification in any of such rules or resolves that any such rule should not be made, such rule shall thereafter have effect only in such modified form or be of ' no effect, as the case may be, so however that any modification or annulment shall be without prejudice to the validity of anything previously done thereunder.
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Section 1 · Short title, extent and commencementSection 2 · DefinitionsSection 3 · Constitution, powers and functions of State Empowered Committee and District Empowered CommitteeSection 4 · Declaration of Bureau of Investment PromotionSection 5 · Nodal AgencySection 6 · Powers and functions of Nodal AgencySection 7 · Obligations of concerned department or authoritySection 8 · Application form.India Code, Government of India. Text fetched 22 Oct 2026. Source metadata reports last modification: 2024-02-27. Check the linked official text and subsequent notifications when applying a provision.