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of <h1>Amendment to Section 86 introduces penalties under Section 447 for false information or suppression in registration under Section 77.</h1> Section 86 of the principal Act is amended to include a new sub-section (2). This sub-section specifies that any individual who willfully provides false or incorrect information, or knowingly suppresses material information required for registration under section 77, will face consequences under section 447. This amendment enhances accountability by imposing legal liability for misinformation or suppression of essential registration details.
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