Bare Act Search Results

Special Bearer Bonds (Immunities and Exemptions) Act, 1981 [Repealed] Preamble 1

Title: Special Bearer Bonds (Immunities and Exemptions) Act, 1981

State: Central

Year: 1981

THE SPECIAL BEARER BONDS (IMMUNITIES AND EXEMPTIONS) ACT, 1981 [Act, No. 7 of 1981] PREAMBLE An Act to provide for certain immunities to holders of Special Bearer Bonds, 1991 and for certain exemptions from direct taxes in relation to such bonds and for matters connected therewith WHEREAS for effective economic and social planning it is necessary to canalize for productive purposes black money which has become a serious threat to the national economy; AND WHEREAS with a view to such canalisation the Central Government has decided to issue at par certain bearer bonds to be known as the Special Bearer Bonds, 1991, of the face value of ten thousand rupees and redemption value, after ten years, of twelve thousand rupees; AND WHEREAS it is expedient to provide for certain immunities and exemptions to render it possible for persons in possession of black money to invest thesame in the said Bonds; BE it enacted by Parliament in the Thirty-second Year of the Republic of India as follows:

Special Bearer Bonds (Immunities and Exemptions) Act, 1981 [Repealed] Complete Act

Title: Special Bearer Bonds (Immunities and Exemptions) Act, 1981 [Repealed]

State: Central

Year: 1981

Preamble1 - SPECIAL BEARER BONDS (IMMUNITIES AND EXEMPTIONS) ACT, 1981 Section1 - Short title, extent and commencement Section2 - Definition Section3 - Immunities Section4 - Acquisition, etc., of bonds not to be taken into account for certain proceedings Section5 - Amendment of Act 43 of 1961 Section6 - Amendment of Act 27 of 1957 Section7 - Amendment of Act 18 of 1958 Section8 - Power to remove difficulties Section9 - Repeal and saving Repealing Act1 - DIRECT-TAX LAWS (MISCELLANEOUS) REPEAL ACT, 2000

Special Bearer Bonds (Immunities and Exemptions) Act, 1981 Complete Act

State: Central

Year: 1981

.....against any such person under any law on the ground that such person has subscribed to, or has otherwise acquired, the bonds. It makes the fact of subscription to, or acquisition of the bonds inadmissible in evidence in any proceedings relating to any offence or imposition of any penalty under any such law. These immunities have been made subject to an exception in relation to prosecution for certain offences relating to property or prevention of corruption. The ordinance also provides that the acquisition of the bonds shall not be taken into account for the purpose of any proceedings under the Income-tax Act, 1961,the Wealth-tax Act, 1957andthe Gift-tax Act, 1958. The bonds themselves have been exempted from Wealth-tax. The premium payable on the redemption of the bonds has been exempted from income-tax. It has also been provided that transfer of the bonds will not attract any liability to capital gains tax or gift-tax. 3. The Bill seeks to replace the aforesaid Ordinance.-see Gaz. of India. 2-3-1981, Pt. II- S. 2. Ext.,p. 160. An Act to provide for certain immunities to holders of Special Bearer Bonds, 1991 and for certain exemptions from direct taxes in relation to.....

Karnataka Souharda Sahakari Act, 1997 Section 28

Title: Election of Office Bearers

State: Karnataka

Year: 1997

(1) The Chief Executive shall within fifteen days from the date of election of the board and immediately before the expiry of the term of office of the President or Chairperson, Vice--President or Vice--Chairperson convene a meeting in the prescribed manner of all the elected members of the board for the purpose of electing President or Chairperson, Vice--president or Vice--Chairperson and such other office bearers as are required to be elected under the bye--laws of the Co--operative. One of the elected members who is not a candidate for the election of President or Chairperson, Vice--President or Vice--Chairperson, shall be chosen to preside over such meetings: Provided that at the election of the office bearers held immediately after registration of a Co--operative, one of the elected directors who is not a candidate for the election of the office bearers, shall be chosen to preside over the meeting of the first Board: Provided further that at the election of office bearers if all the elected directors are the candidates, the Chief Executive shall preside over such meeting of the Board. (2) The President or Chairperson or in his absence, the Vice President or Vice--Chair

Trade Unions Act, 1926 Section 22

Title: Proportion of Office-bearers to Be Connected with the Industry

State: Central

Year: 1926

.....in the establishment or industry with which the Trade Union is connected. Explanation.-For the purposes of this sub-section, an employee who has retired or has been retrenched shall not be construed as outsider for the purpose of holding an office in a Trade Union. (3) No member of the Council of Ministers or a person holding an office of profit (not being an engagement or employment in an establishment or industry with which the Trade Union is connected), in the Union or a State, shall be a member of the executive or other office-bearer of a registered Trade Union.] _________________________ 1. Substituted by Act 31 of 2001, section 8, for section 22 (w.e.f. 9-1-2002).

Indian Securities Act, 1920 Section 11

Title: Renewal of Bearer Bonds

State: Central

Year: 1920

The holder of a bearer bond or other Government security payable to bearer, May on to the prescribed [Substituted By Act 28 of 1937, section 3 , for " officer ".] [authority], on delivery of the bearer bond or other security, and on payment of the prescribed fee, if any, obtain from such [Substituted By Act 28 of 1937, section 3 , for " officer ".] [authority] a renewed bearer bond or other security, as the case may be.

Trade Unions Act, 1926 Section 21A

Title: Disqualifications of Office-bearers of Trade Unions

State: Central

Year: 1926

.....Trade Union who, before the commencement of the Indian Trade Unions (Amendment) Act, 1964, has been convicted of any offence involving moral turpitude and sentenced to imprisonment, shall on the date of such commencement cease to be such member or office-bearer unless a period of five years has elapsed since his release before that date.] 2[(3) In its application to the State of Jammu and Kashmir, reference in subsection (2) to the commencement of the Indian Trade Unions (Amendment) Act, 1964, shall be construed as reference to the commencement of this Act in the said State.] _______________________ 1. Inserted by Act 38 of 1964, section 5. 2. Inserted by Act 51 of 1970, section 2 and Schedule

Special Bearer Bonds (Immunities and Exemptions) Act, 1981 [Repealed] Section 3

Title: Immunities

State: Central

Year: 1981

.....acquired Special Bearer Bonds; and (c) the fact that a person has subscribed to or has otherwise acquired Special Bearer Bonds shall not be taken into account and shall be inadmissible as evidence in any proceedings relating to any offence or the imposition of any penalty under any such law. (2) Nothing in sub-section (1) shall apply in relation to prosecution for any offence punishable under Chapter IX or Chapter XVII of the Indian Penal Code (45 of 1860), the Prevention of Corruption Act, 1947 (2 of 1947), or any offence which is punishable under any other law and which is similar to an offence punishable under either of those Chapters or under that Act or for the purpose of enforcement of any civil liability. Explanation.-- For the purposes of this sub-section, "civil liability" does not include liability by way of tax under any law for the time being in force.

Foreign Exchange Regulation Act, 1973 Section 22

Title: Restrictions on Issue of Bearer Securities

State: Central

Year: 1973

1 [* * * * *] Except with the general or special permission of the Reserve Bank no person shall, in India and no person resident in India shall, outside India, create or issue any bearer certificate or coupon or so alter any document that it becomes a bearer certificate or coupon. 2 [* * * * *] ________________________ 1. The words "The Central Government may, by notification in the official Gazette, order that" omitted by Act 29 of 1993, sec. 10 w.e.f. 8-1-1993. 2. Section 23 omitted by Act 29 of 1993, sec. 11 w.e.f. 8-1-1993.

Foreign Exchange Regulation Act, 1973 [Repealed] Section 22

Title: Restrictions on Issue of Bearer Securities

State: Central

Year: 1973

1[* * * * *] Except with the general or special permission of the Reserve Bank no person shall, in India and no person resident in India shall, outside India, create or issue any bearer certificate or coupon or so alter any document that it becomes a bearer certificate or coupon. ____________________________ 1. The words "The Central Government may, by notification in the official Gazette, order that" omitted by Act 29 of 1993, sec. 10 w.e.f. 8-1-1993