The Unit Trust of India (Transfer of Undertaking and Repeal) Act
16Protection of action taken in good faith
No suit or other legal proceedings shall lie against the Central Government or the Administrator, Board of Advisers or any of the officers or other employees of the Central Government for any damage caused or likely to be caused by anything which is in good faith done or intended to be done under this Act.
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MISCELLANEOUS
- 12 Concession, etc., to be deemed to have been granted to specified undertaking
- 13 Tax exemption or benefit to continue to have effect
- 14 Exemption from stamp duty
- 15 Guarantee to be operative
- 16 Protection of action taken in good faith
- 17 Shares, bonds, debentures and units to be deemed to be approved securities
- 18 Substitution in every Act, rule, regulation or notification by specified company or Administrator in place of Trust
- 19 Power of Central Government to alter Schedules I and II
- 20 Power of Central Government to make Scheme
- 21 Repeal and saving of Act 52 of 1963
- 22 Act to have overriding effect
- 23 Application of other laws not barred
- 24 Power to remove difficulties
- 25 Repeal and saving