THE PUNJAB RIGHT TO BUSINESS (AMENDMENT) ACT,


[Dated : July 30, 2024]

further to amend the Punjab Right to Business Act, 2020.

BE it enacted by the Legislature of the State of Punjab in the Seventysecond Year of the Republic of India as follows:-

  1. (1)            This Act may be called the Punjab Right to Business (Amendment) Short title and

commencement. Act, 2021.

(2) It shall come into force on and with effect from the date of its publication in the Official Gazette.

  1. In the Punjab Right to Business Act, 2020 (hereinafter referred to as the Amendment in section 2 of

principal Act), in section 2,-                                                                           Punjab Act 1

of 2020.

          (i)    after clause (g), the following clause shall be inserted, namely:-

"(ga) "Eligible Enterprise" means new Enterprise or Existing Enterprise undertaking expansion provided the Enterprise going for expansion does not have any violations under the relevant Acts; "; and

 

Amendment in

section 3 of Punjab Act 1 of  2020.

Substitution of section 7 of Punjab Act 1 of 2020.

Amendment in

section 8 of Punjab Act 1 of 2020.

Amendment in section 10 of Punjab Act 1

of  2020.

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          (ii)   after clause (h), the following clause shall be inserted, namely:-

"(ha) "Existing Enterprise" means an Enterprise that has commenced commercial production or operations at the time of submitting the Declaration of Intent;"

  1. In the principal Act, in section 3, in sub-section (1), in clause (iii), for thewords "the others members of the Enterprise", the words "the other members of the District Bureau of Enterprise" shall be substituted.

  2. In the principal Act, for section 7, the following section shall be substituted, namely:-

"7.    The Eligible Enterprise willing to avail the Certificate of In

                     Filing of              Principle Approval, shall furnish to the District Nodal

Declaration

of Intent. Agency a Declaration of Intent in the format and in the manner as may be prescribed.".

  1. In the principal Act, in section 8,-

      1. in sub-section (3), for the words and sign "a new Micro, Small and Medium Enterprises being set up in the State", the words "Eligible Enterprise" shall be substituted;

      2. in sub-section (6), for clause (b), the following clause shall be substituted, namely:-

"(b) The Inspecting Officer or the team of inspecting officers not below the rank of Joint Director shall be nominated by the Head of the concerned authority.";

      1. in clause (c), for the words "forty-eight hours", the words "fortyeight working hours" shall be substituted; and

      2. in sub-section (7), for the word "btain", the word "obtain" shall be substituted.

  1. In the principal Act, in section 10,-

(i) for sub-sections (1) and (2), the following sub-sections shall be substituted, namely:-

 

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"(1) For Eligible Enterprise being set up or operational in Approved

Industrial Park(s), the District Nodal Agency, upon receipt of a Declaration of Intent, shall forthwith, issue a Certificate of In Principle Approval within three working days to new Enterprise and within five working days to Existing Enterprise.

(2) For Eligible Enterprise being set up or operational outside the approved Industrial Park(s) and on areas, approved under the relevant master plan, the decision to issue a Certificate of In Principle Approval shall be taken by the District Nodal Agency within a period of fifteen working days for new Enterprise  and within twenty working days for Existing Enterprise in accordance with the procedure as may be prescribed."; and

(ii)    after sub-section (3), the following sub-section shall be inserted, namely:-

"(4) The District Nodal Agency may appoint an officer of the department concerned to inspect the Enterprise undertaking expansion before issuing a Certificate of in Principal Approval. The inspection report shall be made available to the District Nodal Agency within forty-eight working hours after the inspection.".

S.K. AGGARWAL,

Principal Secretary to Government of Punjab, Department of Legal and Legislative Affairs.

2480/1-2022/Pb. Govt. Press, S.A.S. Nagar