Notwithstanding anything contained in any other law for the time being in force, the shares, bonds, debentures and units of the specified undertaking shall be deemed to be approved securities for the purposes of the Indian Trusts Act, 1882 (2 of 1882), the Insurance Act, 1938 (4 of 1938) ***.
Section 17: Shares, bonds, debentures and units to be deemed to be approved securities.
The Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002Central Act · Act 58 of 2002
Where this provision sits
| Act | The Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002 |
|---|---|
| Section | 17 |
| Marginal note | Shares, bonds, debentures and units to be deemed to be approved securities. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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.
- omitted, Act 4 of 2013. . The words and figures "and the Banking Regulation Act, 1949 (10 of 1949)" omitted by Act 4 of 2013, the Schedule and s. 17
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