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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2018 Chapters List Part XI AMENDMENTS TO THE DEPOSITORIES ACT, 1996 This

Clause 195 - Amendment of section 19-IB. - FINANCE BILL, 2018

FINANCE BILL, 2018
Part XI
AMENDMENTS TO THE DEPOSITORIES ACT, 1996
  • Contents

195. Amendment of section 19-IB.

In section 19-IB of the principal Act, in sub-section (1), for the words “by the adjudicating officer”, the words “under this Act” shall be substituted.

 



 

Notes on Clauses:

Clause 195 of the Bill seeks to amend section 19-IB of the Act, so as to provide for recovery in respect of default in payment of penalty levied under the said Act by the Board.

 
 
 
 

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