(1) This Act may be called the 2Telangana Public Sector Undertakings (Reconstitution of Management) Act, 1996.
In this Act, unless the context otherwise requires,-
Notwithstanding anything contained in any rule, order or notification or bye-laws or Memorandum or Articles of Association or in any provision of any law for the time being in force, the non-official Chairman and the non-official Directors by whatever name called of every public sector undertaking holding office at the commencement of this Act shall cease to hold such office forthwith.
Notwithstanding anything contained in any rule, order or notification or bye-laws or Memorandum or Articles of Association or in any provision of any law for the time being in force, the Government shall, within such period as they consider reasonable from the date of commencement of this Act re-constitute the Board, or committee or management or the governing body by whatever name called.
(1) The Government may, by notification, alter or add to or cancel any item in the Schedule.
The provisions of this Act shall have effect notwithstanding anything contained in any other law for the time being in force, and accordingly,-
(1) If any difficulty arises in giving effect to the provisions of this Act, the Government may make such orders not inconsistent with the provisions of this Act as appear to them to be necessary or expedient for the purpose of removing the difficulty.
The Andhra Pradesh Public Sector Undertakings (Reconstitution of Management) Ordinance, 1995 is hereby repealed.