Benami property transactions law: specified sections are omitted through a legislative amendment brought into force from 1 July 2021. Sections 8 to 17 of the Prohibition of Benami Property Transactions Act, 1988 are omitted by section 156 of the Finance Act, 2021. The amendment forms ... Summary
Benami property transactions law: specified sections are omitted through a legislative amendment brought into force from 1 July 2021.
Sections 8 to 17 of the Prohibition of Benami Property Transactions Act, 1988 are omitted by section 156 of the Finance Act, 2021. The amendment forms part of the statutory changes to the principal Act and is stated to have come into force with effect from 1 July 2021. The provision effects a direct legislative deletion of the specified sections from the principal enactment.
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