Section 18 Authorities and jurisdiction - The Benami Transactions
(Prohibition) Amendment Act 2016
What are the Authorities and jurisdiction? Section
18 of The BTP (Prohibition) Amendment Act 2016
Section 18 : Authorities and jurisdiction
(1)The following shall be the authorities for the purposes of this Act,
(a) the Initiating Officer;
(b) the Approving Authority;
(c) the Administrator; and
(d) the Adjudicating Authority.
(2) The authorities shall exercise all or any of the powers and perform all
or any of the functions conferred on, or, assigned, as the case may be, to it
under this Act or in accordance with such rules as may be prescribed.