The Unit Trust of India (Transfer of Undertaking and Repeal) Act `2002
An Act to provide for the transfer and vesting of the undertaking (excluding the specified undertaking) of the Unit Trust of India to the specified company to be formed and registered under the Companies Act, 1956, and the transfer and vesting of the specified undertaking of the Unit Trust of India in the Administrator and for matters connected therewith or incidental thereto and also to repeal the Unit Trust of India Act, 1963.
List of Chapters & Sections
PRELIMINARY
TRANSFER AND VESTING OF THE UNDERTAKING OF TRUST IN THE SPECIFIED COMPANYAND TRANSFER AND VESTING OF THE SPECIFIED UNDERTAKING OF TRUST IN THE ADMINISTRATOR
- 3Transfer of initial capital
- 4Undertaking of Trust to vest in specified company and specified undertaking of Trust to vest in Administrator
- 5General effect of vesting of undertaking or specified undertaking in specified company or Administrator
- 6Provisions in respect of officers and other employees of Trust
APPOINTMENT OF ADMINISTRATOR TO MANAGE THE SPECIFIED UNDERTAKING OF THE TRUST
POWERS AND FUNCTIONS OF ADMINISTRATOR
MISCELLANEOUS
- 12Concession, etc., to be deemed to have been granted to specified undertaking
- 13Tax exemption or benefit to continue to have effect
- 14Exemption from stamp duty
- 15Guarantee to be operative
- 16Protection of action taken in good faith
- 17Shares, bonds, debentures and units to be deemed to be approved securities
- 18Substitution in every Act, rule, regulation or notification by specified company or Administrator in place of Trust
- 19Power of Central Government to alter Schedules I and II
- 20Power of Central Government to make Scheme
- 21Repeal and saving of Act 52 of 1963
- 22Act to have overriding effect
- 23Application of other laws not barred
- 24Power to remove difficulties
- 25Repeal and saving