The Kerala Finance (No. 2) Act, 2021
The Kerala Finance (No. 2) Act, 2021
General20214 sections
The Kerala Finance (No. 2) Act, 2021, is a legislative amendment primarily designed to integrate the concept of "green buildings" into the legal framework of Kerala’s local governance. By amending the Kerala Panchayat Raj Act, 1994, and the Kerala Municipality Act, 1994, the Act establishes a formal definition for green buildings, focusing on energy efficiency, waste reduction, and environmental sustainability. Furthermore, the Act includes a validation clause to ensure that any tax levies or administrative actions taken between April 1, 2021, and June 9, 2021, remain legally valid despite the lapse of the original Bill during that period.
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