Registration inoperative rule expanded to include additional exemption clauses and an earlier previous year cutoff for exemption claims. Amendment adds new exemption clauses to the list that are excluded from the protection when an entity holds registration, revises the first proviso so registration becomes inoperative on notification or approval under the newly referenced clauses or, alternatively, from the first day of April of the previous year relevant to exemption claims under a newly referenced clause, and revises the second proviso so that reactivation of registration nullifies prior approvals or notifications under those newly referenced clauses.
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.
Registration inoperative rule expanded to include additional exemption clauses and an earlier previous year cutoff for exemption claims.
Amendment adds new exemption clauses to the list that are excluded from the protection when an entity holds registration, revises the first proviso so registration becomes inoperative on notification or approval under the newly referenced clauses or, alternatively, from the first day of April of the previous year relevant to exemption claims under a newly referenced clause, and revises the second proviso so that reactivation of registration nullifies prior approvals or notifications under those newly referenced clauses.
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