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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2015 Chapters List Chapter VIII SENIOR CITIZENS’ WELFARE FUND This

Clause 152 - Power to exempt in certain cases - FINANCE BILL, 2015

FINANCE BILL, 2015
Chapter VIII
SENIOR CITIZENS’ WELFARE FUND
  • Contents

Power to exempt in certain cases

152. The Central Government may, for reasons to be recorded in writing, exempt any unclaimed amount or institution or class of unclaimed amounts or institutions from any or all of the provisions of this Chapter, either generally or for such period as may be specified.

 



 

Notes on Clauses:

Clauses 152 to 153 of the Bill deal with power of the Central Government to exempt in certain cases and power of the Central Government to issue an order for removing the difficulties with respect to the implementation of the said chapter.

 
 
 
 

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