INDIA CODE

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Section 131, Finance Act 2015 [S10-5EA]

As at 6 September 2026. In force from 14 May 2015.

In Finance Act 2015 [A10-1XC]. This text from 28 September 2015. No other text held.

Cite: Section 131, Finance Act 2015 [S10-5EA]. Machine: S10-5EA.

131. Repeal of the Forward Contracts (Regulation) Act, 1952.—The Forward Contracts (Regulation) Act, 1952 (74 of 1952) (hereafter in this Chapter referred to as the repealed Act) is hereby repealed. [...]

Defined terms in this text (2)

forward contract: Section 2, FCRA 1952 [S101PF] (In this Act, unless the context otherwise requires,— [...]): "forward contract" means a contract for the delivery of goods and which is not a ready delivery contract

regulation: Section 3, General Clauses Act, 1897 [S100SN] (In this Act, and in all Central Acts and Regulations made after the commencement of this Act, unless there is anything repugnant in the subject or context): (50) "Regulation" shall mean a Regulation made by the President under article 240 of the Constitution and shall include a Regulation made by the President under article 243 thereof and a Regulation made by the Central Government under the Government of India Act, 1870, or the Government of India Act, 1915, or the Government of India Act, 1935;

Made under this section, or naming it (0)

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Cited by (0)

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Not held (0)

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Duties published under this section (0)

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Section 131, Finance Act 2015 [S10-5EA]