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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2017 Chapters List Part IV AMENDMENTS TO THE REPRESENTATION OF THE PEOPLE ACT, 1951 This

Clause 136 - Amendment of section 29C of Act - FINANCE BILL, 2017

FINANCE BILL, 2017
Part IV
AMENDMENTS TO THE REPRESENTATION OF THE PEOPLE ACT, 1951
  • Contents

Amendment of section 29C of Act  

136. In the Representation of the People Act, 1951 (43 of 1951), in section 29C, in sub-section (1), the following shall be inserted, namely:––

‘Provided that nothing contained in this sub-section shall apply to the contributions received by way of an electoral bond.

Explanation.––For the purposes of this sub-section, “electoral bond” means a bond referred to in the Explanation to sub-section (3) of section 31 of the Reserve Bank of India Act, 1934 (2 of 1934).

 
 
 
 

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