Section 21 of THE ANDHRA PRADESH HOUSING BAOARD ACT, 1956 Act No XLVI of 1956 ARRANGEMENT OF SECTIONS CHAPTER – I PRELIMINARY
Duty of Board to undertake housing schemes - Subject to the provisions of this Act and subject to the control of the Government, the Board may incur expenditure and undertake works for the framing and execution of such housing schemes as it may consider necessary from time to time, or as may be entrusted to it by the Government.
↩1.Substituted by the Act No.15 of 1962, S 9.
↩2.Substituted by the Act No. 15 of 1962, S.9.
↩3.Omitted by the Act No.25 of 1981, S.8.
↩4.Inserted by Act No.15 of 1962, S,10.
↩5.Substituted by Act No.4 of 1984, S, 10.
1[21-A. Creation of subsidiaries. The Board may, in furtherance of the objectives of the Act, and for undertaking the activities specified in section 21B, with the prior approval of the Government, create a subsidiary in the form of,-
- (i)an institution to be incorporated and organised under the provisions of the Companies Act,1956 (Central Act 1 of 1956);
- (ii)a society under the provisions of the Andhra Pradesh Co-operative Societies Act,1964 (A.P.Act 7 of 1964); or the Andhra Pradesh Mutually Aided Co-operative Societies Act,1995 (A.P.Act 30 of 1995);
- (iii)a firm under the provisions of the Indian Partnership Act,1932 (Central Act 9 of 1932). 21-B. Activities of subsidiaries. A subsidiary created under section 21-A may undertake the following activities:-
- (i)to construct integrated townships on non-competitive basis with Andhra Pradesh Housing Board in Andhra Pradesh;
- (ii)to construct integrated townships outside the State and outside the country with the prior approval of the State Government;
- (iii)to enter into joint ventures in public-private, private-public partnership to construct group housing and integrated townships;
- (iv)to enter into joint ventures with private sectors for value-chain on technology up-gradation such as pre-cast, furnishings, furniture, etc.;
- (v)to enter into joint ventures for development of integrated township development projects, housing development projects and for other civil construction projects;
- (vi)to carry on the business of providing urban infrastructure services including integrated housing and slum development and all activities incidental and ancillary thereto;
- (vii)to carry on the business of interior designers, decorators and to carry on all activities incidental thereto; and
- (viii)to carry out such other functions as may be specified by the Board or as the case may be the Government, from time to time.]