MISCELLANEOUS - FINANCE (No. 2) BILL, 2019

Chapter: VI
MISCELLANEOUS
Part: I
AMENDMENTS TO THE RESERVE BANK OF INDIA ACT, 1934
Clause 135	:	Commencement of this Part. Clauses 135 to 142 of the Bill seek to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to am....
Clause 136	:	Amendment of section 45-IA. Clauses 135 to 142 of the Bill seek to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to am....
Clause 137	:	Insertion of new sections 45-ID and 45-IE. Clauses 135 to 142 of the Bill seek to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to am....
Clause 138	:	Insertion of new section 45MAA. Clauses 135 to 142 of the Bill seek to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to am....
Clause 139	:	Insertion of new section 45MBA. Clauses 135 to 142 of the Bill seek to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to am....
Clause 140	:	Insertion of new section 45NAA. Clauses 135 to 142 of the Bill seek to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to am....
Clause 141	:	Amendment of section 58B. Clauses 135 to 142 of the Bill seek to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to am....
Clause 142	:	Amendment of section 58G. Clauses 135 to 142 of the Bill seek to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to am....
Part: II
AMENDMENT TO THE INSURANCE ACT, 1938
Clause 143	:	Amendment of Act 4 of 1938. Clause 143 of the Bill seeks to amend section 6 of the Insurance Act, 1938 relating to requirement as to capital. It is prop....
Part: III
AMENDMENTS TO THE SECURITIES CONTRACTS (REGULATION) ACT, 1956
Clause 144	:	Commencement of this Part. Clauses 144 and 145 of the Bill seek to amend certain provision of the Securities Contracts (Regulation) Act, 1956. It is pr....
Clause 145	:	Amendment of Act 42 of 1956. Clauses 144 and 145 of the Bill seek to amend certain provision of the Securities Contracts (Regulation) Act, 1956. It is pr....
Part: IV
AMENDMENTS TO THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1970
Clause 146	:	Commencement of this Part. Clauses 146 and 147 of the Bill seek to amend certain provisions of the Banking Companies (Acquisition and Transfer of under....
Clause 147	:	Amendment of Act 5 of 1970. Clauses 146 and 147 of the Bill seek to amend certain provisions of the Banking Companies (Acquisition and Transfer of under....
Part: V
AMENDMENT TO THE GENERAL INSURANCE BUSINESS (NATIONALISATION) ACT, 1972
Clause 148	:	Amendment of Act 57 of 1972. Clause 148 of the Bill seeks to amend the Genaral Insurance Business (Nationalisation) Act, 1972. It is propsed to amend sub....
Part: VI
AMENDMENT TO THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1980
Clause 149	:	Commencement of this Part. Clauses 149 and 150 of the Bill seek to amend the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980. It....
Clause 150	:	Amendment of Act 40 of 1980. Clauses 149 and 150 of the Bill seek to amend the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980. It....
Part: VII
AMENDMENTS TO THE NATIONAL HOUSING BANK ACT, 1987
Clause 151	:	Commencement of this Part. Clauses 151 to 171 of the Bill seek to amend the National Housing Bank Act, 1987. It is proposed to transfer regulation of s....
Clause 152	:	Substitution of heading of Chapter V.
Clause 153	:	Amendment of section 29A. Clause 153 of the Bill seeks to amend section 29A of the said Act relating to requirement of registration and net owned fund....
Clause 154	:	Amendment of section 29B. Clause 154 of the Bill seeks to amend section 29B of the said Act relating to maintenance of percentage of assets. ....
Clause 155	:	Amendment of section 29C. Clause 155 of the Bill seeks to amend section 29C of the said Act relating to reserve fund. ....
Clause 156	:	Substitution of section 30. Clause 156 of the Bill seeks to substitute section 30 of the said Act relating to Reserve Bank to regulate or prohibit issue....
Clause 157	:	Substitution of section 30A. Clause 157 of the Bill seeks to substitute section 30A of the said Act relating to power of Reserve Bank to determine policy....
Clause 158	:	Substitution of section 31. Clause 158 of the Bill seeks to substitute section 31 of the said Act relating to power of National Housing Bank to collect ....
Clause 159	:	Substitution of section 32. Clause 159 of the Bill seeks to substitute section 32 of the said Act relating to duty of housing finance institution to fur....
Clause 160	:	Amendment of section 33. Clause 160 of the Bill seeks to amend section 33 of the said Act relating to powers and duties of auditors. ....
Clause 161	:	Substitution of section 33A. Clause 161 of the Bill seeks to substitute section 33A of the said Act relating to power of Reserve Bank to prohibit accepta....
Clause 162	:	Amendment of section 33B. Clause 162 of the Bill seeks to amend section 33B of the said Act relating to power of National Housing Bank to file winding....
Clause 163	:	Amendment of section 34. Clause 163 of the Bill seeks to amend section 34 of the said Act relating to inspection. ....
Clause 164	:	Amendment of section 35. Clause 164 of the Bill seeks to amend section 35 of the said Act relating to deposits not to be solicited by unauthorised pe....
Clause 165	:	Amendment of section 35A. Clause 165 of the Bill seeks to amend section 35A of the said Act relating to disclosure of information. ....
Clause 166	:	Substitution of section 35B. Clause 166 of the Bill seeks to substitute section 35B of the said Act relating to power of Reserve Bank to exempt housing f....
Clause 167	:	Amendment of section 44. Clause 167 of the Bill seeks to amend section 44 of the said Act relating to obligation as to fidelity and secrecy. ....
Clause 168	:	Amendment of section 46. Clause 168 of the Bill seeks to amend section 46 of the Act to substitute Reserve Bank for national housing Bank throughout ....
Clause 169	:	Amendment of section 49. Clause 169 of the Bill seeks to amend section 49 of the Act to substitute the National Housing Bank or the Reserve Bank for ....
Clause 170	:	Amendment of section 51. Clause 170 of the Bill seeks to amend section 51 of the said Act relating to cognisance of offences. ....
Clause 171	:	Substitution of section 52A. Clause 171 of the Bill seeks to substitute section 52A of the said Act relating to power of National Housing Bank and Reserv....
Part: VIII
AMENDMENTS TO THE PROHIBITION OF BENAMI PROPERTY TRANSACTIONS ACT, 1988
Clause 172	:	Amendment of section 23 Clauses 172 to 176 of the Bill seek to amend the Prohibition of Benami Property Transactions Act, 1988. Section 23 of the sa....
Clause 173	:	Amendment of section 24. Clauses 172 to 176 of the Bill seek to amend the Prohibition of Benami Property Transactions Act, 1988. Section 23 of the sa....
Clause 174	:	Amendment of section 26. Clauses 172 to 176 of the Bill seek to amend the Prohibition of Benami Property Transactions Act, 1988. Section 23 of the sa....
Clause 174A	:	Amendment of section 30
Clause 174B	:	Amendment of section 46.
Clause 174C	:	Amendment of section 47.
Clause 175	:	Insertion of new sections 54A and 54B. Clauses 172 to 176 of the Bill seek to amend the Prohibition of Benami Property Transactions Act, 1988. Section 23 of the sa....
Clause 176	:	Amendment of section 55. Clauses 172 to 176 of the Bill seek to amend the Prohibition of Benami Property Transactions Act, 1988. Section 23 of the sa....
Part: IX
AMENDMENTS TO THE SECURTIES AND EXCHANGE BOARD OF INDIA ACT, 1992
Clause 177	:	Commencement of this Part. Clauses 177 to 181 seek to amend the certain provisions fo the Securities Exchange Board of India Act, 1992. It is proposed ....
Clause 178	:	Amendment of section 14. Clauses 177 to 181 seek to amend the certain provisions fo the Securities Exchange Board of India Act, 1992. It is proposed ....
Clause 179	:	Amendment of section 15C. Clauses 177 to 181 seek to amend the certain provisions fo the Securities Exchange Board of India Act, 1992. It is proposed ....
Clause 180	:	Amendment of section 15F. Clauses 177 to 181 seek to amend the certain provisions fo the Securities Exchange Board of India Act, 1992. It is proposed ....
Clause 181	:	Insertion of new section 15HAA. Clauses 177 to 181 seek to amend the certain provisions fo the Securities Exchange Board of India Act, 1992. It is proposed ....
Part: X
AMENDMENTS TO THE CENTRAL ROAD AND INFRASTRUCTURE FUND ACT, 2000
Clause 182	:	Amendment of section 10. Clause 182 of the Bill seeks to amend section 10 of the Central Road and Infrastructure Fund Act, 2000 relating to functions....
Clause 183	:	Amendment of section 11. Clause 183 of the Bill seeks to substitute sub-section ( 1 ) of section 11 of the Central Road and Infrastructure Fund Act, ....
Clause 184	:	Amendment of section 12. Clause 184 of the Bill seeks to omit clause ( c ) below sub-section ( 2 ) of section 12 of the Central Road and Infrastructu....
Part: XI
AMENDMENT TO THE FINANCE ACT, 2002
Clause 185	:	Amendment of Act 20 of 2002. Clause 185 of the Bill seeks to amend the Eighth Schedule to the Finance Act, 2002, sub-clause ( a ) thereof seeks to increa....
Part: XII
AMENDMENT TO THE UNIT TRUST OF INDIA (TRANSFER OF UNDERTAKING AND REPEAL) ACT, 2002
Clause 186	:	Amendment of Act 58 of 2002. Clause 186 of the Bill seeks to amend section 13 of the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002 r....
Part: XIII
AMENDMENTS TO THE PREVENTION OF MONEY-LAUNDERING ACT, 2002
Clause 186A	:	Commencement of this Part.
Clause 187	:	Amendment of section 2. Clauses 187 to 192 of the Bill seek to amend certain provisions of the Prevention of Money-Laundering Act, 2002. It is propo....
Clause 187A	:	Amendment of section 3
Clause 188	:	Amendment of section 12A. Clauses 187 to 192 of the Bill seek to amend certain provisions of the Prevention of Money-Laundering Act, 2002. It is propo....
Clause 189	:	Insertion of new section 12AA. Clauses 187 to 192 of the Bill seek to amend certain provisions of the Prevention of Money-Laundering Act, 2002. It is propo....
Clause 190	:	Amendment of section 15. Clauses 187 to 192 of the Bill seek to amend certain provisions of the Prevention of Money-Laundering Act, 2002. It is propo....
Clause 190A	:	Amendment of section 17
Clause 190B	:	Amendment of section 18
Clause 190C	:	Amendment of section 44
Clause 190D	:	Amendment of section 45
Clause 191	:	Insertion of new section 72A. Clauses 187 to 192 of the Bill seek to amend certain provisions of the Prevention of Money-Laundering Act, 2002. It is propo....
Clause 192	:	Amendment of section 73. Clauses 187 to 192 of the Bill seek to amend certain provisions of the Prevention of Money-Laundering Act, 2002. It is propo....
Part: XIV
AMENDMENT TO THE FINANCE (NO.2) ACT, 2004
Clause 193	:	Amendment of Act 23 of 2004. Clause 193 of the Bill seeks to amend section 99 of the Finance ( No. 2 ) Act, 2004 relating to the value of taxable securit....
Part: XV
AMENDMENT TO THE PAYMENT AND SETTLEMENT SYSTEMS ACT, 2007
Clause 194	:	Amendment of Act 51 of 2007. Clause 194 of the Bill seeks to amend the Payment and Settlement Systems Act, 2007 by insertion of a new section 10A relatin....
Part: XVI
AMENDMENTS TO THE BLACK MONEY (UNDISCLOSED FOREIGN INCOME AND ASSETS) AND IMPOSITION OF TAX ACT, 2015
Clause 195	:	Amendment of section 2. Clauses 195 to 198 of the Bill seeks to amend certain provisions of the Black Money (Undisclosed Foreign Income and Assets) ....
Clause 196	:	Amendment of section 10. Clause 196 of the Bill seeks to amend section 10 of the said Act which, inter alia , provides for assessment or re-assessmen....
Clause 197	:	Amendment of section 17. Clause 197 of the Bill seeks to amend section 17 of the said Act relating to powers of Commissioner (Appeals). The existing ....
Clause 198	:	Amendment of section 84. Clause 198 of the Bill seeks to amend section 84 of the said Act relating to application of provisions of Income-tax Act. Th....
Part: XVII
AMENDMENTS TO THE FINANCE ACT, 2016
Clause 199	:	Amendment of section 187. Clauses 199 and 200 of the Bill seek to amend certain provisions of the Finance Act, 2016 relating to the Income Declaration....
Clause 200	:	Amendment of section 191. Clauses 199 and 200 of the Bill seek to amend certain provisions of the Finance Act, 2016 relating to the Income Declaration....
Part: XVIII
AMENDMENT TO THE FINANCE ACT, 2018
Clause 201	:	Amendment of Act 13 of 2018. Clause 201 of the Bill seeks to amend the Sixth Schedule to the Finance Act, 2018, so as to increase the rate of road and in....
Clause 202	:	Repeal. Clause 202 of the Bill seeks to repeal section 2 of the Finance Act, 2019. ....