TMI BlogAmendment of section 2.X X X X Extracts X X X X X X X X Extracts X X X X ..... Part referred to as the principal Act), in section 2, in sub-section (1), (i) in clause (n), in sub-clause (i), the word sub-broker, shall be omitted; (ii) in clause (sa), for sub-clause (ii), the following sub-clause shall be substituted, namely: (ii) Inspector-General of Registration appointed under section 3 of the Registration Act, 190 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ering Act, 2002 (15 of 2003.) (hereafter in this Part referred to as the principal Act), in section 2, in sub-section (1), (i) in clause (n), in sub-clause (i), the word sub-broker, shall be omitted; (ii) in clause (sa), for sub-clause (ii), the following sub-clause shall be substituted, namely: (ii) Inspector-General of Registration appoi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es and Exchange Board of India. It is further proposed to amend sub-clause ( ii ) of clause ( sa ) of sub-section ( I ) of section 2, to meet out the difficulties being faced out by the Financial Intelligence Unit, India. It is also proposed to amend section 12A so as to provide the reference of newly inserted section 12AA therein. It is also proposed to inse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... strengthen Anti Money Laundering or Countering Financing of Terrorism framework in line with Financial Action Task Force standards. It is also proposed to amend section 73 of the Act so as to provide certain rule making provisions. - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxman ..... X X X X Extracts X X X X X X X X Extracts X X X X
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