Amendment of section 3.

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..... to the business which may be carried on and transacted by the Development Bank shall be omitted; (ii) after the proviso, the following proviso shall be inserted, namely:- Provided further that the provisions of clause (a) to the proviso, shall cease to be applicable immediately after the commencement of Part .. of the Finance Act, 2021, and from such commencement, the Company shall be deem .....

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..... ce under the said section 22, which will be a condition precedent to disinvestment of Government s stake in said Bank resulting in receipts to Government. These amendments will take effect from such date as the Central Government may, by notification in the Official Gazette appoint. - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management .....

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