Insertion of new section 30A

In force Act 20 of 2015 As on 07 Oct 2026

Act 20 of 2015 Ministry Finance Cited by 1 provision

Section 135 of the Finance Act, 2015 deals with insertion of new section 30A. Insertion of new section 30A 135. After section 30 of the Securities Contracts Act, the following section shall be inserted, namely:— "30A.

Insertion of new section 30A
135. After section 30 of the Securities Contracts Act, the following section shall be inserted, namely:—
"30A. Special provisions related to commodity derivatives - (1) Nothing contained in this Act shall apply to non-transferable specific delivery contracts:
Provided that no person shall organise or assist in organising or be a member of any association in any area to which the provisions of section 13 have been made applicable (other than a stock exchange) which provides facilities for the performance of any non-transferable specific delivery contract by any party thereto without having to make or receive actual delivery to or from the other party to the contract or to or from any other party named in the contract.
(2) Where in respect of any area, the provisions of section 13 have been made applicable in relation to commodity derivatives for the sale or purchase of any goods or class of goods, the Central Government may, by notification, declare that in the said area or any part thereof as may be specified in the notification all or any of the provisions of this Act shall not apply to transferable specific delivery contracts for the sale or purchase of the said goods or class of goods either generally, or to any class of such contracts in particular.
(3) Notwithstanding anything contained in sub-section (1), if the Central Government is of the opinion that in the interest of the trade or in the public interest it is expedient to regulate and control non-transferable specific delivery contracts in any area, it may, by notification in the Official Gazette, declare that all or any of the provisions of this Act shall apply to such class or classes of non-transferable specific delivery contracts in such area in respect of such goods or class of goods as may be specified in the notification, and may also specify the manner in which and the extent to which all or any of the said provisions shall so apply.".
Section 135, The Finance Act, 2015 (Act 20 of 2015).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

s. 13 Amendment of section 36

Referred to by 1

s. 82 Amendment of section 28

Questions about Section 135

What does Section 135 of the Finance Act deal with?

Section 135 of the Finance Act is headed "Insertion of new section 30A". Insertion of new section 30A 135. After section 30 of the Securities Contracts Act, the following section shall be inserted, namely:— "30A.

How do I find court cases under Section 135 of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2015 135, section 135 Finance Act 2015, section 135 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 135 of the Finance Act, and has it changed?

Its own text turns on section 13 (Amendment of section 36), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was the Finance Act enacted?

Finance Act was enacted in 2015 as Act 20 of 2015. India Code records no commencement date for it. It is in force as at the date shown on this page.

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5. Amendment of section 91039 words

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