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Section 72 Repeal and saving - The Benami Transactions (Prohibition) Amendment Act 2016

What is Repeal and saving? Section 72 of The BTP (Prohibition) Amendment Act 2016

Section 72 : Repeal and saving

(1) The Benami Transactions (Prohibition of the Right of Recover Property) Ordinance, 1988 (Ord.2 of 1988.) is hereby repealed.

(2) Notwithstanding such repeal, anything done or any action taken under the said Ordinance shall be deemed to have been or taken under the corresponding provisions of this Act.

 

 

   

 

 
 

 

Benami Transactions (Prohibition) Amendment Act, 2016

Section 61 Offences to be non-cognizable

Section 62 Offences by companies

Section 63 Notice, etc not to be invalid on certain grounds

Section 64 Protection of action taken in good faith

Section 65 Transfer of pending cases

Section 66 Proceedings etc against legal representative

Section 67 Act to have overriding effect

Section 68 Power to make rules

Section 69 Laying of rules and notifications before Parliament

Section 70 Power to remove difficulties

Section 71 Transitional provision

Section 72 Repeal and saving

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