(ab) the manner in which and the period within which the amount received from the owner is required to be remitted by the insurer under sub-section (2d) of section;"; (©) in sub-section (3), for the word "tule", wherever it occurs, the words "rule or scheme" shal) be substituted, repeal 8 (1) the public liability insurance (amendment) ordinance, and 1992 is hereby repealed | saving under the principal act, as amended by the said ordinance, shal] be deemed to have been done or taken under the principal act, as amended 10 statement of objects and reasonsthe public liability insurance act, 1991 was enacted with the object of providing immediate relief to the victims of accidents that might occur while handling hazardous substances the owner who has control over handling hazardous substances is required under the act to pay specified amounts to the victims as interim relief based on no fault lia~ bility it is mandatory for every owner handling hazardous substances to take out insurance policies for the purpose % the aforesaid act could not, however, be implemented on account of the insurance companies not agreeing to give insurance policies for unlimited liability of the owners it was, therefore, felt that the liability of the insurance companies should be limited to the amount of the insurance policy, though the owner's liability shall continue to be unlimited under the act it was considered appropriate to create an environmental relief fund with the additional money collected from the owners having contro] over handling of hazardous substances this fund would be used to meet the requirement of providing immediate relief to the victims the minimum and maximum limits of the insurance amount in an insurance policy also needed to be specified for ensuring payment of adequate relief certain definitions were also to be suitably modified to make the meaning more explicit it was felt necessary to prevent any transfer of property by the owner in case he intended to do so for evading his liability to pay compensation 7 3 to achiéve the above objective, the public liability insurance (amendment) ordinance, 1992, was promulgated by the president on blst january, 1992 as the owners handling hazardous substances had to take insurance policies by 31st march, 1992 4, the bill seeks to replace the said ordinance and to achieve the aforesaid objects  t new delhi; kamal nath the 17th february, 1992 t gt ae memorandum regarding delegated legislationclause 5 of the bill seeks to empower the central government to make a scheme with respect to the environmental relief fund 2 clause 7 empowers the central government to prescribe the maximum amount of an insurance policy, the amount required ta be paid by an owner to the relief fund and the manner in which and the period within which the money as collected is to be remitted to the relief fund by the insurer, 3 the matters in respect of which the central government has been empowered to make a scheme and ru'es relate to matters of procedure and detail the delegation of legislative power 'is, therefore, of a normal character, ; p annexure extracts from the puptic liapmity insurance act, 1991 (6 of 1991)| »    |     |     |     | a    | |    ||------|------|------|------|------|------|2 in this act, unless the context otherwise requires,— definitions (a) "accident" means an accident or incident occurring while handling any hazardcus substance; °     (g) "owner" means a person who has control over handling any hazardous substance;  a  cd re (1)  oe   = award of relief, (3) when an award is made under this section, the owner or the insurer, as the case may be, who is required to pay any amount in terms of such award shall, within thirty days of the date of announcement of the award, deposit the entire amount so awarded in such manner as the collector may direct     s 44, (1), whoever contravenes any of the provisions of sub-section (1) or sub-section (2) of section 4 or fails to comply with any direction jssued under section 12, shall be punishable with imprisonment for a term which shal] not be less than one year and six months but which may extend to six years, or with fine which shall not be less than one lakh rupees, or with both | | 2 2   = penalty for contravention of subsection (1) or subsection (2) of section 4or failure to comply with directions under section 12, 23 (1)      z power to make tules(2) in particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:— | | (a)    | establishment    | and    | maintenance    | of    | fund    | under    | sub-section    ||--------|------------------|--------|----------------|-------|---------|----------|----------------|(3) of section 4;  { |     |     |     |     |     ||------|------|------|------|------|(3) every rule made under this act shall be laid, as soon as may be after it is made, before each house of parliament, while it is in session for a total period of thirty days which may be comprised in one or both houses agree that the rule should not be made, the rule shali thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule, 