Section 6: Prohibition on re-transfer of property by benamidar.

The Prohibition of Benami Property Transactions Act, 1988Central Act · Act 45 of 1988

[6. Prohibition on re-transfer of property by benamidar.--(1) No person, being a benamidar shall re-transfer the benami property held by him to the beneficial owner or any other person acting on his behalf.

(2) Where any property is re-transferred in contravention of the provisions of sub-section (1), the transaction of such property shall be deemed to be null and void.

(3) The provisions of sub-sections (1) and (2) shall not apply to a transfer made in accordance with the provisions of section 190 of the Finance Act, 2016 (28 of 2016).]

Where this provision sits

Act	The Prohibition of Benami Property Transactions Act, 1988
Section	6
Marginal note	Prohibition on re-transfer of property by benamidar.
Jurisdiction	Central
Status	In force as published by the source
Judgments citing it	1

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

substituted. . Subs. by s. 8, ibid., for sections 5 and 6 (w.e.f. 1-11-2016).

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