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        F. Acts / Amendment Acts

        Section 167 - Amendment of section 7

        Finance Act, 2018
        Part IX
        AMENDMENTS TO THE NATIONAL HOUSING BANK ACT, 1987

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        Consultation requirement removal: deletes 'in consultation with the Reserve Bank' from section seven provisions of the Act. The Finance Act, 2018 deletes the words 'in consultation with the Reserve Bank' from section 7 of the principal Act, specifically excising that phrase from sub-sections (1), (3) and (4), thereby altering the text of the operative provision and removing the explicit statutory obligation to consult the Reserve Bank in those subsections.
                          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.

                                Consultation requirement removal: deletes 'in consultation with the Reserve Bank' from section seven provisions of the Act.

                                The Finance Act, 2018 deletes the words "in consultation with the Reserve Bank" from section 7 of the principal Act, specifically excising that phrase from sub-sections (1), (3) and (4), thereby altering the text of the operative provision and removing the explicit statutory obligation to consult the Reserve Bank in those subsections.


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