The Government of Kerala on October 08, 2024, issued the Kerala Micro Small and Medium Enterprises and Other Enterprises Facilitation (Amendment) Bill, 2024 to further amend the Kerala Micro Small and Medium Enterprises and Other Enterprises Facilitation Act, 2019.
The following has been stated namely: -
• Wherever the word “acknowledgement certificate” occurs the word “Certificate of in- principal approval” shall be substituted according to its context.
• Section 6 which states “Effect of the Acknowledgement Certificate” the marginal head shall be substituted namely: -
“Effect of the Certificate of in- principal approval”
• Section 7 which states “Grant of Exemption” the following has been substituted namely: -
“Where the Government or any authority under it is empowered to exempt any enterprise from any approval or inspection or any provisions relating thereto under any Central Act, the Government or any such authority, as the case may be, subject to the provisions of such Central Act, exercise such powers to grant such exemption to an enterprise established in the State for a period of three years and six months from the date of issue of the acknowledgement certificate under section 5.”
[Notification No. 3186]
