Powers and functions of the Nodal Agency.

Filing of Declaration

1. (1) Any person who intends to start an Enterprise may furnish to the Nodal Agency, a declaration of intent to start an Enterprise in such form and in such manner as may be prescribed. Explanation.—Any person who has applied to the Competent Authority to obtain all or any of the approvals as referred to in clause
   • (b) of section 2 before the commencement of this Act may also opt to furnish declaration of intent to start an Enterprise under this sub-section.
2. (2) On receipt of a declaration of intent, the Nodal Agency shall, forthwith, issue an Acknowledgment Certificate, in the prescribed Form to the person who furnished the declaration under sub-section (1).