# The Finance Act, 2017, Section 138: Amendment of section 23J

- Act: The Finance Act, 2017
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2017/section/138/

## Text

PART V AMENDMENT TO THE SECURITIES CONTRACTS (REGULATION) ACT, 1956 Amendment of section 23J 138. In the Securities Contracts (Regulation) Act, 1956 (42 of 1956), in section 23J, the following Explanation shall be inserted, namely:— Explanation.—For the removal of doubts, it is clarified that the power of an adjudicating officer to adjudge the quantum of penalty under sections 23A to 23C shall be and shall always be deemed to have exercised under the provisions of this section.''.

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