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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2016 Chapters List Chapter VIII EQUALISATION LEVY This

Clause 177 - Power to remove difficulties - FINANCE BILL, 2016

FINANCE BILL, 2016
Chapter VIII
EQUALISATION LEVY
  • Contents

Power to remove difficulties

177. (1) If any difficulty arises in giving effect to the provisions of this Chapter, the Central Government may, by order published in the Official Gazette, not inconsistent with the provisions of this Chapter, remove the difficulty:

Provided that no such order shall be made after the expiry of a period of two years from the date on which the provisions of this Chapter come into force.

(2) Every order made under this section shall be laid, as soon as may be after it is made, before each House of Parliament.

 

 



 

Notes on Clauses:

Clause 177 of the Bill confers power on the Central Government to issue orders for removal of any difficulty arising in giving effect to the provisions of this Chapter. This power is available to the Central Government for a period of two years from the date on which the provisions of this Chapter come into force. Every order made under this clause shall be laid before each House of Parliament.

These amendments will take effect from the date appointed in the notification to be issued by the Central Government.

 
 
 
 

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