Commencement provisions set retrospective and specified operative dates for provisions of a finance Act to ensure fiscal effect. The Act is titled the Finance (No. 2) Act, 1962. Except as otherwise provided, sections 3 to 14 are deemed to have come into force on the first day of April of the relevant financial year, and subsection (1) of section 16 and section 18 are deemed to have come into force on the later specified date in April; those commencement dates govern the operation of the stated provisions.
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Provisions expressly mentioned in the judgment/order text.
Commencement provisions set retrospective and specified operative dates for provisions of a finance Act to ensure fiscal effect.
The Act is titled the Finance (No. 2) Act, 1962. Except as otherwise provided, sections 3 to 14 are deemed to have come into force on the first day of April of the relevant financial year, and subsection (1) of section 16 and section 18 are deemed to have come into force on the later specified date in April; those commencement dates govern the operation of the stated provisions.
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