Omission of Section 35A removes that statutory provision from the General Insurance Business (Nationalisation) Act, altering the Act's text. The Finance Act, 2002 omits Section 35A of the General Insurance Business (Nationalisation) Act, 1972, effectuating removal of that statutory provision ... Summary
Omission of Section 35A removes that statutory provision from the General Insurance Business (Nationalisation) Act, altering the Act's text.
The Finance Act, 2002 omits Section 35A of the General Insurance Business (Nationalisation) Act, 1972, effectuating removal of that statutory provision and thereby altering the operative text of the Act; the omission takes effect from the specified commencement date and no further transitional measures are set out in the clause.
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