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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2018 Chapters List Part XII AMENDMENTS TO THE VICE-PRESIDENT’S PENSION ACT, 1997 This

Clause 201 - Amendment of section 2 of Act 30 of 1997. - FINANCE BILL, 2018

FINANCE BILL, 2018
Part XII
AMENDMENTS TO THE VICE-PRESIDENT’S PENSION ACT, 1997
  • Contents

PART XII

AMENDMENTS TO THE VICE-PRESIDENT’S PENSION ACT, 1997

201. Amendment of section 2 of Act 30 of 1997.

In section 2 of the Vice-President’s Pension Act, 1997, in sub-section (2), in clause (c), for the words “sixty thousand rupees”, the words “ninety thousand rupees” shall be substituted with effect from the 1st day of April, 2018.

 



 

Notes on Clauses:

Clause 201 of the Bill seeks to amend section 2 of the Vice-President's Pension Act, 1997.

Section 2 of the said Act relates to pension to the retiring Vice-Presidents. Clause (c) of sub-section (2) of the aforesaid section provides for payment of office expenses at the rate of sixty thousand rupees per annum. It is proposed to enhance the said sum to ninety thousand rupees per annum.

 
 
 
 

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