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SUGAR DEVELOPMENT FUND (AMENDMENT) ACT 2002

ACT NO. 30 OF 2002

[27th May, 2002.]

Short title and commencement.

1. Short title and commencement.-(1) This Act may be called the Sugar Development Fund (Amendment) Act, 2002.

(2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

Amendment of Act 4 of 1982. 2. Amendment of Act 4 of 1982.-In section 4 of the Sugar Development

Fund Act, 1982, in sub-section (1),- (i) after clause (a), the following clauses shall be inserted, namely:- "(aa) for making loans to any sugar factory or any unit thereof for bagasse-based co-generation power projects with a view to improving their viability; (aaa) for making loans to any sugar factory or any unit thereof for production of anhydrous alcohol or ethanol from alcohol with a view to improving their viability;"; (ii) after clause (bb), the following clause shall be inserted, namely:- "(bbb) for defraying expenditure on internal transport and freight charges to the sugar factories on export shipments of sugar with a view to promoting its export;". ______ SUBHASH C. JAIN, Secy. to the Govt. of India.