Retrospective amendment makes Wealth-tax explanatory terms deemed always included, affecting orders, appeals and temporal scope. The amendment to section 25 adds retrospective deeming language to the Explanation to subsection (2): clause (a) inserts "on or before or after the 1st ... Summary
Retrospective amendment makes Wealth-tax explanatory terms deemed always included, affecting orders, appeals and temporal scope.
The amendment to section 25 adds retrospective deeming language to the Explanation to subsection (2): clause (a) inserts "on or before or after the 1st day of June, 1988" after "an order passed"; clause (b) substitutes "includes" with "shall include and shall be deemed always to have included"; and clause (c) inserts a temporal phrase after "of any appeal" and adds "and shall be deemed always to have extended" after "shall extend" - each change being expressly deemed effective from the 1st day of June, 1988.
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