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of <h1>Government power to exempt industrial establishments from Code provisions by notification, including time-limited exemptions for new units</h1> The provision grants the appropriate Government power to exempt, conditionally or unconditionally, any industrial establishment, undertaking or class thereof from specified provisions of the Code where it is satisfied adequate provisions exist to fulfill those objects, producing an operative exemption by notification. It separately permits the appropriate Government, if satisfied it is in the public interest for new industrial establishments or classes thereof, to exempt them from all or any Code provisions for a specified period from establishment, producing a time-limited exemption by notification. A prior notification issued by a State Government under the Industrial Disputes Act, 1947, remains in force for its remaining period to the extent it achieves the same purpose. 'New' is limited to establishments created within the period specified in the notification.
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