Repeal of Central Listing Authority regulations dissolves the Authority and transfers its assets, liabilities and functions to the Board. The repeal withdraws the Central Listing Authority regulations with immediate effect while preserving prior operation and allowing investigations, proceedings and enforcement to continue as if the regulations had not been repealed; it dissolves the Central Listing Authority, causes officeholders to vacate without compensation, and transfers all monies, property, liabilities and obligations of the Authority to the Board.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Repeal of Central Listing Authority regulations dissolves the Authority and transfers its assets, liabilities and functions to the Board.
The repeal withdraws the Central Listing Authority regulations with immediate effect while preserving prior operation and allowing investigations, proceedings and enforcement to continue as if the regulations had not been repealed; it dissolves the Central Listing Authority, causes officeholders to vacate without compensation, and transfers all monies, property, liabilities and obligations of the Authority to the Board.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
