Amendment of Act 13 of 1976

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..... and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 with effect from the 1st day of June, 2016, (a) section 2A shall be omitted; (b) in section 3, in sub-section (1), in clause (a), the words for Forfeited Property shall be omitted; (c) in section 12, (i) in sub-section (1), (A) the words to be called the Appellate Tribunal for Forfeited Property shall be .....

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..... fter sub-section (6A), the following sub-sections shall be inserted, namely: (6B) In the event of the occurrence of any vacancy in the office of the Chairman by reason of his death, resignation or otherwise, the senior-most member, shall act as the Chairman until the date on which a new Chairman, appointed in accordance with the provisions of this Act to fill such vacancy, enters upon his of .....

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