Foreign contribution management amendment removes the vesting reference for assets created out of such contribution. Section 14A is amended by deleting the words that refer to the management of foreign contribution and any asset created out of such contribution being ... Summary
Foreign contribution management amendment removes the vesting reference for assets created out of such contribution.
Section 14A is amended by deleting the words that refer to the management of foreign contribution and any asset created out of such contribution being vested in the authority under section 15(1). The change is a textual omission from the principal Act, removing that specific vesting reference from the provision.
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