Notification S.O. 2663(E), dated 15th March, 1988 [N12-42Z]

As at 7 September 2026. In force from 15 March 1988.

Dates: made 15 March 1988; in force 15 March 1988; ceased none recorded. Gazette: none recorded. Band A.

Synthetic. This instrument and its words are generated by the register beneath an Act whose title, number and year are real.

Cite: Notification S.O. 2663(E), dated 15th March, 1988, S.O. 2663(E) [N12-42Z]. Machine: N12-42Z.

S.O. 2663(E).—In exercise of the powers conferred by section 10 of the British India Corporation Limited (Acquisition of Shares) Act, 1981 (29 of 1981), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts persons interested whose the transfer of property does not exceed five thousand rupees in value in a financial year from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Collector in writing of the commencement of the transfer of property within one hundred and eighty days of such commencement.

Made under

Recital: "In exercise of the powers conferred by section 10 of the British India Corporation Limited (Acquisition of Shares) Act, 1981 (29 of 1981), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the British India Corporation Limited (Acquisition of Shares) Act, 1981 (29 of 1981) [S1R-W11]. Vires verified.

Acts on (1)

Exempts Section 4, British India Corporation Limited (Acquisition of Shares) Act, 1981 [S1R-VVC], 15 March 1988. "section 4 of the said Act".

Acted on by (0)

none

Not held (0)

none