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of <h1>Finance Act 2018 amends MP Salary Act 1954, modifies section 8AC, effective retroactively from September 15, 2006.</h1> Section 145 of the Finance Act, 2018 amends the Salary, Allowances and Pension of Members of Parliament Act, 1954. Specifically, it modifies section 8AC by removing the phrase 'before the commencement of the Salary, Allowances and Pension of Members of Parliament (Amendment) Act, 2006 (40 of 2006).' This change is retroactively effective from September 15, 2006.
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