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of <h1>Finance Act 1984 Amends Gold Control Act: Increases Penalty to Rs. 50,000, Reduces Term from 2 Years to 1 Year.</h1> The Finance Act of 1984 amends the Gold (Control) Act of 1968 by altering specific monetary and temporal provisions. In sub-section (2) of section 81B, the monetary penalty is increased from ten thousand rupees to fifty thousand rupees. Additionally, in sub-section (3) of section 82, the duration of a specified term is reduced from two years to one year.
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