Section 3
Industry To Be Registered
(1) No person shall establish or operate, or cause to be established or operated, an industry without registering it pursuant to this Act.
(2) Notwithstanding anything contained in sub-section (1), an industry which is in operation after being registered pursuant to the prevailing law on industrial enterprises at the time of commencement of this Act need not get it re-registered pursuant to this Act.
(3) An industry established as a branch industry prior to the commencement of this Act shall get it registered as a separate industry by fulfilling the procedures under this Act not later than one year of the commencement of this Act.
(4) If an industry intends to produce its products or any part thereof in any place different from its previous place or an industry and does not intend to get registered as a separate industry within the time-limit under subsection (3), it may establish and operate such branch industry as a unit industry.
(5) When establishing a unit under subsection (4), the procedures applicable for the establishment of a new industry, except for registration, under this Act shall be complied with.
(6) The concerned unit shall prepare records of the production and transaction made by the unit under subsection (4) and also send the records to the main office of the industry.
(2) Notwithstanding anything contained in sub-section (1), an industry which is in operation after being registered pursuant to the prevailing law on industrial enterprises at the time of commencement of this Act need not get it re-registered pursuant to this Act.
(3) An industry established as a branch industry prior to the commencement of this Act shall get it registered as a separate industry by fulfilling the procedures under this Act not later than one year of the commencement of this Act.
(4) If an industry intends to produce its products or any part thereof in any place different from its previous place or an industry and does not intend to get registered as a separate industry within the time-limit under subsection (3), it may establish and operate such branch industry as a unit industry.
(5) When establishing a unit under subsection (4), the procedures applicable for the establishment of a new industry, except for registration, under this Act shall be complied with.
(6) The concerned unit shall prepare records of the production and transaction made by the unit under subsection (4) and also send the records to the main office of the industry.