{"act":{"id":"finance-act-2017","short_title":"The Finance Act, 2017","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2017-2018.","act_number":null,"act_year":2017,"enact_date":"2017-04-17","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":198,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2017/"},"unit":"section","section":{"number":"146","heading":"Amendment of Act 15 of 1992","text":"Amendment of Act 15 of 1992 146. In the Securities and Exchange Board of India Act, 1992 (15 of 1992) (hereafter in this Part referred to as the principal Act), in section 2, in sub-section (1):— (A) | after clause (d), the following clauses shall be inserted, namely:— '(da) \"Insurance Regulatory and Development Authority\" means the Insurance Regulatory and Development Authority of India established under sub-section (1) of section 3 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999); (db) \"Judicial Member\" means a Member of the Securities Appellate Tribunal appointed under sub-section (1) of section 15MA and includes the Presiding Officer;'; (B) | after clause (f), the following clause shall be inserted, namely:— '(fa) \"Pension Fund Regulatory and Development Authority\" means the Pension Fund Regulatory and Development Authority established under sub-section (1) of section 3 of the Pension Fund Regulatory and Development Authority Act, 2013 (23 of 2013);'; (C) | after clause (i), the following clause shall be inserted, namely:— '(j) \"Technical Member\" means a Technical Member appointed under sub- section (1) of section 15MB.'.","html":"<p><b>Amendment of Act 15 of 1992</b></p><p><b>146.</b> In the Securities and Exchange Board of India Act, 1992 (15 of 1992) (hereafter in this Part referred to as the principal Act), in section 2, in sub-section (<i>1</i>):—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>A</i>)</td><td></td><td>after clause (<i>d</i>), the following clauses shall be inserted, namely:—</td></tr><tr><td></td><td></td><td>'(<i>da</i>) \"Insurance Regulatory and Development Authority\" means the Insurance Regulatory and Development Authority of India established under sub-section (<i>1</i>) of section 3 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999);</td></tr><tr><td></td><td></td><td>(<i>db</i>) \"Judicial Member\" means a Member of the Securities Appellate Tribunal appointed under sub-section (<i>1</i>) of section 15MA and includes the Presiding Officer;';</td></tr><tr><td>(<i>B</i>)</td><td></td><td>after clause (<i>f</i>), the following clause shall be inserted, namely:—</td></tr><tr><td></td><td></td><td>'(<i>fa</i>) \"Pension Fund Regulatory and Development Authority\" means the Pension Fund Regulatory and Development Authority established under sub-section (<i>1</i>) of section 3 of the Pension Fund Regulatory and Development Authority Act, 2013 (23 of 2013);';</td></tr><tr><td>(<i>C</i>)</td><td></td><td>after clause (<i>i</i>), the following clause shall be inserted, namely:—</td></tr><tr><td></td><td></td><td>'(<i>j</i>) \"Technical Member\" means a Technical Member appointed under sub- section (<i>1</i>) of section 15MB.'.</td></tr></table></div>","words":179,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2017/section/146/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}