Part XIV - AMENDMENTS TO CERTAIN ACTS TO PROVIDE FOR MERGER OF TRIBUNALS AND OTHER AUTHORITIES AND CONDITIONS OF SERVICE OF CHAIRPERSONS, MEMBERS, ETC. (From Section 156 to Section 189)
Section 172 - Amendment of Act 18 of 2013. - THE COMPANIES ACT, 2013.
Finance Act, 2017 Part XIV AMENDMENTS TO CERTAIN ACTS TO PROVIDE FOR MERGER OF TRIBUNALS AND OTHER AUTHORITIES AND CONDITIONS OF SERVICE OF CHAIRPERSONS, MEMBERS, ETC.
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Appellate tribunal governance: new rules make post-commencement appointments subject to Finance Act provisions, preserving prior appointees' terms. Section 410 is amended to state that appeals lie against orders of the Tribunal and directions, decisions or orders referred to in section 53N of the Competition Act, under that Act's provisions. Section 417A provides that qualifications, appointment, term, salaries, allowances, resignation, removal and other service conditions of the Chairperson and Members appointed after commencement of Part XIV of Chapter VI of the Finance Act, 2017 shall be governed by section 184 of that Finance Act, while pre-commencement appointees remain governed by the Companies Act and its rules.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Appellate tribunal governance: new rules make post-commencement appointments subject to Finance Act provisions, preserving prior appointees' terms.
Section 410 is amended to state that appeals lie against orders of the Tribunal and directions, decisions or orders referred to in section 53N of the Competition Act, under that Act's provisions. Section 417A provides that qualifications, appointment, term, salaries, allowances, resignation, removal and other service conditions of the Chairperson and Members appointed after commencement of Part XIV of Chapter VI of the Finance Act, 2017 shall be governed by section 184 of that Finance Act, while pre-commencement appointees remain governed by the Companies Act and its rules.
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