Finance Act 1986 Section 3 - Law Dictionary Search Results
Home Dictionary Name: finance act 1986 section 3Finance Acts
Finance Acts. In and after 1894 the Annual Taxing Acts, which had for a long time borne the short titles of 'Customs and Inland Revenue Acts,' have borne the short titles of 'Finance Acts.' The Finance Act incorporates the Budget which is the Chancellor of the Exchequer's annual statement or report of the financial results of the past year, estimated expenditure and income of the coming year and proposals in regard to taxation. These proposals are passed into law by the Finance Act but are enforced as soon as a resolution of the Committee of Ways and Means agrees to them in order to prevent forestalling and anticipation in commodities. See Halsb. L.E., title 'Parliament (Ways and Means).'...
Act of Parliament
Act of Parliament, a law made by the sovereign, with the advice and consent of the Lords spiritual and temporal, and the Commons, in Parliament assembled (1 Bl. Com. 85); but, in the case of an Act passed under the provisions of the (English) Parliament Act, 1911, a law made by the sovereign 'by and with the advice and consent of the Commons in this present Parliament assembled in accordance with the provisions of the Parliament Act, 1911, and by authority of the same'; also called a 'statute.'Means a bill passed by two Houses of Parliament and assented to by the President and in the absence of an express provision to the contrary, operative from the date of notification in the Gazette, Handbook for Members of Rajya Sabha, April, 2002.Means an action; a thing done or established; a written law formally passed by the legislative power of a State; a Bill enacted by the legislature into a law, as distinguished from a bill which is in the form of draft of a law or legislative proposal pres...
Section
Section, means section of the Act or Regulation in which the word occurs. [General Clauses Act, 1897, s. 3(54)]The word 'section' denotes one of the those portions of a Chapter of this Code which are distinguished by prefixed numeral figures. [Penal Code (45 of 1860), s. 50]Section shall means a section of the Act or Regulation in which the word occurs. [General Clauses Act, 1897 (10 of 1897), s. 3(54)]...
Sub-section
Sub-section, means a sub-section of the sections in which the word occurs. [General Clauses Act, 1897, s. 3(61)]Sub-section, shall mean a sub-section of the section in which the word occurs. [General Clauses Act, 1897, s. 3(61)]...
Corn Tax Abolition Act (English)
Corn Tax Abolition Act (English), 10 & 11 Vict. c. 46. This Act, however, left a duty of 1s. a quarter (measure) remaining-a duty repealed by the Customs and Inland Revenue Act, 1869 (32 & 33 Vict. c. 14), s. 4, reimposed under the guise of 3d. per cwt. By the Finance Act,1902 (2 Edw. 7, c. 7), s. 1, but taken off again by the Finance Act, 1903 (3 Edw. 7, c. 8) s. 1....
Within
Within, the expression 'within' should be read as 'during' or 'for' and this cannot be done because words cannot be construed contrary to their meaning as the word 'within' would mean 'on or before', 'not beyond' and, therefore, it was held that the Act would mean that on or before the expiration of the iddat period, the husband is bound to make and pay a maintenance to the wife and if he fails to do so then the wife is entitled to recover it by filing an application before the Magistrate as provided in s. 3(3) but nowhere the Parliament has provided that reasonable and fair provision and maintenance is limited only for the iddat period and not beyond it. It would extend to the whole life of the divorced wife unless she gets married for a second time, Danial Latifi v. Union of India, AIR 2001 SC 3958 (3969): (2001) 7 SCC 740. [Muslim Women (Protection of Rights on Divorce Act, 1986, s. 3(1)(a)]...
In relation to
In relation to, the phrase 'relation to' is, ordinarily, of wide import but, in the context of its use in the said expression in s. 129-C of Customs Act, 1962, it must be read as meaning a direct and proximate relationship to the rate of duty and to the value of goods for the purposes of assessment, Navin Chemicals Mfg. And Trading Co. Ltd. v. Collector of Customs, (1993) 4 SCC 320. [Customs Act, 1962, s. 129 (3)]The words 'relating to' has been held to be equiva-lent to or synonymous with as to 'concerning with' and 'pertaining to', Doypock Systems (P) Ltd v. Union of India, AIR 1988 SC 782 (800): (1988) 2 SCC 299. [Swadeshi Cotton Mills Co. Ltd (Aequisition and Transfer of Undertakings) Act, 1986, s. 3]...
owner financing
owner financing a home purchase where the seller provides all or part of the financing, acting as a lender. Source: U.S. Department of Housing and Urban Development ...
Pertaining to
Pertaining to, the expression 'pertaining to' an expression of expansion and not of contraction, Doypock Systems Pvt. Ltd. v. Union of India, AIR 1988 SC 782 (800). [Swadeshi Cotton Mills Co. Ltd. (Acquisition and Transfer of Undertakings) Act, 1986, s. 3]...
Pollute, Pollution
Pollute, Pollution, is a noun derived from the transitive verb 'pollute' which means to make foul or unclean, dirty, to make impure or morally unclean. In Halsbury's Law of England (4th Edn. Vol. 38, Para 66) 'pollution' means the direct or indirect discharge by man of substances of energy into the aquatic environment resulting in hazard to human health, harm to living resources and aquatic ecosystems, damage to amenities on interference with other legitimate uses of water, T.N. Godavarman Thirumalpat v. Union of India, (2002) 10 SCC 606. [Environment (Protection) Act, 1986, s. 3]...
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