section 31
Power to make rules
The Meghalaya Infrastructure Development Finance Board Act, 2011Infrastructure201134 sections7 chapters
Chapter VII MISCELLANEOUS
Statutory text
- (1) The State Government may, by notification in the Official Gazette, make rules for carrying out the purposes of this Act.
- (2) In particular and without prejudice to the generality of the foregoing powers, such rules may provide for all or any of the following matters, namely,-
- (a) the matters relating to competitive public bidding, inviting comparative bids and direct negotiation under this Act;
- (b) the manner in which . the developer for any Bankable Project shall be selected under this Act;
- (c) the scheme for concession agreement;
- (d) the other factors having regard to which charges may be revised and the manner in which they may be revised;
- (e) the manner in which an opportunity of being heard shall be given to the developer;
- (f) the form and manner in which the accounts of the Board shall be prepared and maintained;
- (g) the form in which an annual statement of accounts of the Board shall be prepared;
- (h) the form in which and the time at which an annual report of the Board shall be prepared;
- (i) any other matter which is to be or may be prescribed.
- (3) Every rule made under this Act shall be laid, as soon as after it is made, before the State Legislature.
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