Section 71 Transitional provision - The Benami Transactions (Prohibition) Amendment Act 2016

What is the Transitional provision? Section 71 of The BTP (Prohibition) Amendment Act 2016


 

Section 71 : Transitional provision

The Central Government may, by notification, provide that until the Adjudicating Authorities are appointed and the Appellate Tribunal is established under this Act, the Adjudicating Authority appointed under sub-section (1) of section 6 of the Money-Laundering Act, 2002 and the Appellate Tribunal established under section 25 of that Act may discharge the functions of the Adjudicating Authority and Appellate Tribunal, respectively, under this Act.'.

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