Statutory amendment to financial thresholds in Unit Trust Act increases prescribed monetary limit and removes a clause. Amendment to Section 32 of the Unit Trust of India Act, 1963: clause (b) of subsection (1) is omitted effective 1 April 1971, and subsection (2), clause (c) substitutes the previously prescribed monetary amount with a higher prescribed amount in both places it occurs.
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Statutory amendment to financial thresholds in Unit Trust Act increases prescribed monetary limit and removes a clause.
Amendment to Section 32 of the Unit Trust of India Act, 1963: clause (b) of subsection (1) is omitted effective 1 April 1971, and subsection (2), clause (c) substitutes the previously prescribed monetary amount with a higher prescribed amount in both places it occurs.
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