Benami Transactions (Prohibition) Amendment Act, 2016
GPTKB entity
Statements (21)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Indian legislation
|
| gptkbp:amendedBy |
gptkb:Benami_Transactions_(Prohibition)_Act,_1988
|
| gptkbp:appliesTo |
gptkb:India
|
| gptkbp:dateEnacted |
2016
|
| gptkbp:enactedBy |
gptkb:Parliament_of_India
|
| https://www.w3.org/2000/01/rdf-schema#label |
Benami Transactions (Prohibition) Amendment Act, 2016
|
| gptkbp:penalty |
imprisonment up to 7 years
fine up to 25% of fair market value of property |
| gptkbp:providesFor |
prosecution of offenders
establishment of Adjudicating Authority establishment of Appellate Tribunal confiscation of benami properties |
| gptkbp:purpose |
to curb benami transactions and prevent circumvention of law through benami property
|
| gptkbp:relatedTo |
money laundering
property law in India benami property |
| gptkbp:repealedBy |
certain provisions of Benami Transactions (Prohibition) Act, 1988
|
| gptkbp:startDate |
1 November 2016
|
| gptkbp:bfsParent |
gptkb:Benami_Transactions_(Prohibition)_Act,_1988
gptkb:Benami_Transactions_(Prohibition)_Act |
| gptkbp:bfsLayer |
7
|