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Finance (No. 2) Act 1977 Section 12

Title: Amendment of Section 50

State: Central

Year: 1977

In section 50 of the Income-tax Act, in clause (2), for the figures, letters and words, "1st day of January, 1954", the figures, letters and words "1st day of January, 1964" shall be substituted with effect from the 1st day of April, 1978.

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Finance Act, 1986 Section 10

Title: Amendment of Section 50

State: Central

Year: 1986

In section 50 of the Income-tax Act, in clause (2), for the figures, letters and words "1st day of January, 1964", the figures, letters and words "1st day of April, 1974" shall be substituted with effect from the 1st day of April, 1987.

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Finance Act 2001 Section 142

Title: Omission of Section 50 of Act 39 of 1989

State: Central

Year: 2001

Section 50 of the Small Industries Development Bank of India Act, 1989 shall be omitted with effect from the 1st day of April, 2002.

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Electricity (Amendment) Act, 2007 Section 9

Title: Substitution of New Section for Section 50

State: Central

Year: 2007

For section 50 of the principal Act, the following section shall be substituted, namely:-- "50. The electricity supply code-- The State Commission shall specify an electricity supply code to provide for recovery of electricity charges, intervals for billing of electricity charges, disconnection of supply of electricity for non-payment thereof, restoration of supply of electricity, measures for preventing tampering, distress or damage to electrical plant or electrical line or meter, entry of distribution licensee or any person acting on his behalf for diconnecting supply and removing the meter, entry for replacing, altering or maintaining electric lines or electrical plants or meter and such other matters.".

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Bombay Abkari Act, 1878, (Maharashtra) Section 50

Title: Vexatious Delay in Forwarding to a Magistrate a Person Arrested Under Section 38

State: Maharashtra

Year: 1878

1[Any Abkari or other officer or person who vexatiously and unnecessarily delays forwarding to a Magistrate or to the officer in-charge of a police-station as required by section 38-B any person arrested under section 38-A shall be punished with fine which may extend to two hundred rupees.] ____________ 1. Sections 50 and 50-A were substituted for the original section 50 by Bom. Act XII of 1912, section 34.

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Prevention of Money-laundering (Amendment) Act, 2012, (Central) Section 22

Title: Amendment of Section 50

State: Central

Year: 2012

In section 50 of the principal Act, in sub-section (1), in clause (b), for the words "banking company or a financial institution or a company,", the words "reporting entity" shall be substituted.

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State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007 Section 24

Title: Amendment of Section 50

State: Central

Year: 2007

In section 50 of the State Ban]k of India (Subsidiary Banks) Act, after sub-section (1), the following sub-section shall be inserted, namely:-- "(1A) The officers, advisers and employees of the subsidiary bank concerned shall individually or jointly, or with other officers, advisers and employees in a committee exercise such powers and perform such duties as may, by general or special order, be entrusted or delegated to them by the Board of Directors or its Executive Committee.".

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Patents (Amendment) Act, 2002 Section 26

Title: Amendment of Section 50

State: Central

Year: 2002

In section 50 of the principal Act, in sub-section (2), for the words "make, use, exercise and sell the patented invention", the words and figures "the rights conferred by section 48" shall be substituted.

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Finance Act, 2011, (Central) Section 45

Title: Amendment of Section 50

State: Central

Year: 2011

In section 50 of the Customs Act,-- (a) in sub-section (1),-- (i) after the words thereof by presenting , the word electronically shall be inserted; (ii) the following proviso shall be inserted, namely:-- Provided that the Commissioner of Customs may, in cases where it is not feasible to make entry by presenting electronically, allow an entry to be presented in any other manner. ; (b) in sub-section (2), the words at the foot thereof shall be omitted.

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Narcotic Drugs and Psychotropic Substances (Amdndment) Act, 2001 Section 22

Title: Amendment of Section 50

State: Central

Year: 2001

In section 50 of the principal Act, after sub-section (4), the following sub-sections shall be inserted, namely: -- "(5) When an officer duly authorised under section 42 has reason to believe that it is not possible to take the person to be searched to the nearest Gazetted Officer or Magistrate without the possibility of the person to be searched parting with possession of any narcotic drug or psychotropic substance, or controlled substance or article or document, he may, instead of taking such person to the nearest Gazetted Officer or Magistrate, proceed to search the person as provided under section 100 of the Code of Criminal Procedure, 1973. (2 of 1974) (6) After a search is conducted under sub-section (5), the officer shall record the reasons for such belief which necessitated such search and within seventy-two hours send a copy thereof to his immediate official superior."

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