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of <h1>Finance Act 1984 amends Unit Trust of India Act 1963, revising section 32 to streamline statutory language from April 1985.</h1> The Finance Act of 1984 amends the Unit Trust of India Act, 1963, specifically section 32, sub-section (1), effective from April 1, 1985. The amendment involves the omission of clauses (b) and (ba). Additionally, in Explanation 1, clause (a) is revised to replace the reference to 'clauses (aa) and (b)' with 'clause (aa),' and clause (b) is updated to substitute 'clauses (ba) and (bb)' with 'clause (bb).' These changes streamline the statutory language by removing and modifying specific clauses.
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