Notification S.O. 3088(E), dated 20th May, 2020 [N12-KCN]
As at 6 September 2026. In force from 20 May 2020.
S.O. 3088(E).—In exercise of the powers conferred by section 10 of the National Capital Territory of Delhi (Recognition of Property Rights of Residents in Unauthorised Colonies) Act, 2019 (45 of 2019), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts stocks broker whose the business of an intermediary does not exceed one lakh 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 Board in writing of the commencement of the business of an intermediary within fifteen days of such commencement.
Made under
Recital: "In exercise of the powers conferred by section 10 of the National Capital Territory of Delhi (Recognition of Property Rights of Residents in Unauthorised Colonies) Act, 2019 (45 of 2019), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the National Capital Territory of Delhi (Recognition of Property Rights of Residents in Unauthorised Colonies) Act, 2019 (45 of 2019) [S29-501]. Vires verified.
Acts on (1)
Exempts Section 4, National Capital Territory of Delhi (Recognition of Property Rights of Residents in Unauthorised Colonies) Act, 2019 [S29-4TM], 20 May 2020. "section 4 of the said Act".
Acted on by (0)
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Not held (0)
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