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of <h1>Finance Act 2018 amends National Housing Bank Act: Removes Reserve Bank consultation requirement from Section 7 actions.</h1> Section 167 of the Finance Act, 2018, amends the National Housing Bank Act, 1987, specifically section 7. The amendment involves the removal of the phrase ', in consultation with the Reserve Bank,' from sub-sections (1), (3), and (4) of section 7 of the principal Act. This change indicates that the specified actions in these sub-sections no longer require consultation with the Reserve Bank.
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