152. Amendment of section 23JA.
In section 23JA of the principal Act, after sub-section (4), the following sub-section shall be inserted, namely:––
“(5) All settlement amounts, excluding the disgorgement amount and legal costs, realised under this Act shall be credited to the Consolidated Fund of India.”.
Notes on Clauses:
Clause 152 of the Bill seeks to amend section 23JA of the Act, to provide that the settlement amount (excluding legal costs and disgorgement amount) realised under the Act be credited to the Consolidated Fund of India.
