Benami Transactions (Prohibition) Act : SHORT TITLE, EXTENT AND COMMENCEMENT Indian Bare Acts :

Benami Transactions (Prohibition) Act,1988

Act No : 45

Section : SHORT TITLE, EXTENT AND COMMENCEMENT

BENAMI TRANSACTIONS (PROHIBITION) ACT, 1988
45 of 1988

An Act to prohibit benami transactions and the right to recover property held benami and for matters connected therewith or incidental thereto.

BE it enacted by Parliament in the Thirty-ninth Year of the Republic of India as follows:-

SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT

(1) This Act may be called the Benami Transactions (Prohibition) Act, 1988.

(2) It extends to the whole of India except the State of Jammu and Kashmir.

(3) The provisions of sections 3-,5-and8-shall come into force at once, and the remaining provisions of this Act shall be deemed to have come into force on the 19th day of May, 1988.