Regulation, 2013

Text

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Q.J he Gatette of „91nctia

EXTRAORDINARY

TIT11 4

PART III—Section 4

PUBLISHED BY AUTHORITY

No. 213j NEW DELHI, THURSDAY, AUGUST 8, 2013/SRAVANA 17, 1935 310TFF91 fccreil, 7 **RI, 2013 it la1itii 13 7t, 2013 'Pitt eit 91* c ‘“•4

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA

NOTIFICATION

New Delhi, the 7th August, 2013 Small Industries Development Bank of India (General)Amendment Regulations, 2913 F. No. 2084/CAV.—In exercise of the powers conferred by sub-section (1) and (2) of section 52 of the Small Industries Development Bank of IndiaAct, 1989(39 of 1989), read with Regulation 14(i) of the Small Industries Development Bank of India (General) Regulations, 2000, the Board of Directors of Small Industries Development Bank of India has made the following amendments to the Small Industries Development Bank of India (General) Regulations, 2000 (the Principal Regulations), namely:- These Regulations may be called Small Industries Development Bank of India (General) Amendment Regulations. The amendment shall be effective from May 13,2013.

(a) SCHEDULE-I In the format of the Balance Sheet as appearing in the SCHEDULE-I to the Principal Regulations a iiew sub-head "(c) Other Reserves (Please specify)" shall be inserted to the following effect after sub-head (b) and helbre the head -(B) Surplus in Profit and Loss Account" under the head "CAPITAL AND LIABILITIES" . in "Schedule 11: Reserves, Surplus and Funds" as appearing in Schedule to Balance Sheet:

"(c) Other Reserves (Please specify) (ft Investment Fluctuation Reserve - Opening Balance, - Additions during the year.

- Utilisation during the year.

- Closing Balance."

(b) SCHEDULE-II:

In the format of the Profit & Loss Account as appearing in the SCHEDULE-11 to the Principal Regulations a new entry "Other Reserves (Please specify)" shall be inserted to the following effect after entry "Transfer to Special Reserve 36(1)(viii) of the Income Tax Act, 1961" and before the entry "Transfer to Staff Welfare Fund" appearing under the head "Appropriations" as appearing in Profit & Loss Account:

"Other (Please specify) - Transfer to and from Investment Fluctuation Reserve" N. RAMAN, Executive Director Certified that the Board of Directors of Small Industries Development Bank of India has adopted and approved the Small Industries Development Bank of India (General) Amendment Regulations, 2013 in terms of section 52( I) of Small Industries Development Bank of India Act, 1989 (Act No. 39 of 1989), read with Regulation 14( i) of the Small Industries Development Bank of India (General) Regulations, 2000, in its 163rd meeting held on May 13,2013 at Mumbai. U.). LALWANI. Country 1 lead Corporate Accounts Vertical Printed by the Manager. Government of India Press. Ring Road, Mayapuri New Delhi-I10064 and Published by the Controller of Putmeations. Delhi-I 10054

Provisions this regulation answers to

Read out of the instrument itself: an enabling provision is one it says it was made under, which is the power it rests on. The rest it names without resting on.

Other instruments under the same Act

All of the The Small Industries Development Bank of India Act, 1989