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Amendment of Act 13 of 1976.

Section 226 - PART IV - AMENDMENT TO THE SMUGGLERS AND FOREIGN EXCHANGE MANIPULATORS (FORFEITURE OF PROPERTY) ACT, 1976 - Finance Act - Section 226 - PART IV AMENDMENT TO THE SMUGGLERS AND FOREIGN EXCHANGE MANIPULATORS (FORFEITURE OF PROPERTY) ACT, 1976 226. In the Smugglers 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 .....

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K or section 68L of the Narcotic Drugs and Psychotropic Substances Act, 1985 (61 of 1985). ; (c) by the Adjudicating Authority or any other authority under the Prevention of Money-laundering Act, 2002. (15 of 2003) ; (ii) in sub-section (2), the words or is qualified to be shall be omitted; (iii) in sub-section (6A), for the words Bench of two members , the words Bench with one or two members shall be substituted; (iv) after sub-section (6A), the following sub-sections shall be inserted, namely: .....

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