LawgistThe Unit Trust of India (Transfer of Undertaking and Repeal) Act
18Substitution in every Act, rule, regulation or notification by specified company or Administrator in place of Trust
In every Act, rule, regulation or notification in force on the appointed day, for the words "Unit Trust of India", wherever they occur, the words, brackets and figures "specified company referred to in the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002 or "Administrator of the specified undertaking of the Unit Trust of India referred to in the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002", as the case may be, shall be substituted.
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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
