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Chapter-5 Provisions Relating to Incentives, Exemptions, Facilities or Concessions for Industries

Section 34: Nationalisation or expropriation not to be made

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1) No industry registered under this Act may be nationalised.

2) No industry may, except for a public purpose, be expropriated directly or indirectly. If it is required to expropriate it for the public purpose, due process under the prevailing law shall be fulfilled.

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Section 34: Nationalisation or expropriation not to be made

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