Validation of past regulatory acts confirms information sharing and settlement actions are to be treated as always valid. Section 34A retrospectively validates any act done under the principal Act involving calling for or furnishing information to similar authorities ... Summary
Validation of past regulatory acts confirms information sharing and settlement actions are to be treated as always valid.
Section 34A retrospectively validates any act done under the principal Act involving calling for or furnishing information to similar authorities domestically or abroad, and acts relating to settlement of administrative and civil proceedings, declaring them valid and effective as if the amendments had been in force at all material times.
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