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Section214
The Finance Act, 2018

Amendment of section 5

In force Act 13 of 2018 As on 11 Oct 2026

Act 13 of 2018 Ministry Finance

Section 214 of the Finance Act, 2018 deals with amendment of section 5. Amendment of section 5 214. In section 5 of the principal Act,— (a) | for sub-section (3), the following sub-section shall be substituted, namely:— "(3) Notwithstanding anything contained in sub-section (1), the Reserve Bank may subscribe to the primary issues of Central Government Securities due to

Amendment of section 5

214. In section 5 of the principal Act,—

(a)for sub-section (3), the following sub-section shall be substituted, namely:—
"(3) Notwithstanding anything contained in sub-section (1), the Reserve Bank may subscribe to the primary issues of Central Government Securities due to ground or grounds specified in the proviso to sub-section (2) of section 4.";
(b)in sub-section (4), after the words "secondary market", the words "or converts Central Government Securities held by it with other Securities of the Central Government as mutually agreed between the Reserve Bank and the Central Government'' shall be inserted.
Section 214, The Finance Act, 2018 (Act 13 of 2018).

Cross-references

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

This section refers to

  1. s. 4 Amendment of section 9
  2. s. 5 Amendment of section 10

Questions about Section 214

What does Section 214 of the Finance Act deal with?

Section 214 of the Finance Act is headed "Amendment of section 5". Amendment of section 5 214. In section 5 of the principal Act,— (a) | for sub-section (3), the following sub-section shall be substituted, namely:— "(3) Notwithstanding anything contained in sub-section (1), the Reserve Bank may subscribe to the primary issues of Central Government Securities due to

How do I find court cases under Section 214 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 2018 214, section 214 Finance Act 2018, section 214 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 214 of the Finance Act, and has it changed?

Its own text turns on section 4 (Amendment of section 9), section 5 (Amendment of section 10), so none of them can safely be read on its own.

When was the Finance Act enacted?

Finance Act was enacted in 2018 as Act 13 of 2018. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. 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. This page is not a substitute for legal advice.