AMENDMENT OF SECTION 5 In section 5 of the Wealth-tax Act, with effect from the 1st day of April, 1993,
a) in subjection (1).--- (i) the brackets, figures, words and letters Subject to the provisions of sub -section (IA)", occurring in the opening portion, shall be omitted: (ii) clauses (xiv) and (xxxiii) shall be renumbered as clauses (iv) and (v) and the existing clauses (iv) to (xiii). clauses (xv) to (xxxii) and clause (xxxiv) shall be omitted; (b) sub-sections (IA) to (4) shall be omitted.