Substitution of section 35B
Section 167 of the Finance Act, 2019 (No. 2) deals with substitution of section 35B. Substitution of section 35B 167. For section 35B of the principal Act, the following section shall be substituted, namely:— "35B.
Substitution of section 35B
167. For section 35B of the principal Act, the following section shall be substituted, namely:—
"35B. Power of Reserve Bank to exempt housing finance institution.— (1) The Reserve Bank, on being satisfied that it is necessary so to do, may declare by notification that all or any of the provisions of this Chapter shall not apply to a housing finance institution which is a company or a group of such housing finance institutions either generally or for such period as may be specified, subject to such conditions, limitations or restrictions as it may think fit to impose.
(2) Every notification made under this section shall be laid, as soon as may be after it is made, before each House of Parliament.".
Section 167, The Finance Act, 2019 (No. 2).
Questions about Section 167
What does Section 167 of the Finance Act, 2019 (No. 2) deal with?
Section 167 of the Finance Act, 2019 (No. 2) is headed "Substitution of section 35B". Substitution of section 35B 167. For section 35B of the principal Act, the following section shall be substituted, namely:— "35B.
How do I find court cases under Section 167 of the Finance Act, 2019 (No. 2)?
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, 2019 (No. 2) 167, section 167 Finance Act, 2019 (No. 2), section 167 of the Finance Act, 2019 (No. 2). Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When was the Finance Act, 2019 (No. 2) enacted?
Finance Act, 2019 (No. 2) was enacted in 2019. 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
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- First Schedule. Income-tax9078 words
- 2. Income-tax4914 words
- 105. Insertion of new sections 101A, 101B and 101C1547 words
- 138. Insertion of new sections 45-ID and 45- IE1010 words
- 6. Amendment of section 10907 words
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