Benami transactions amendment removes subsection (3) of section 4, changing statutory prohibition framework and clarifies scope The Benami Transactions (Prohibition) Amendment Act, 2016 amends the principal Act by providing that, in section 4 of the principal Act, sub section (3) ... Summary
Prohibition Of Benami Property Transactions Act, 1988
Benami transactions amendment removes subsection (3) of section 4, changing statutory prohibition framework and clarifies scope
The Benami Transactions (Prohibition) Amendment Act, 2016 amends the principal Act by providing that, in section 4 of the principal Act, sub section (3) shall be omitted, effecting the removal of that specific sub section from section 4 of the principal enactment.
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