Act Number: 45

Act Name: The Prohibition of Benami Property Transactions Act, 1988

Year: 1988

Enactment Date: 1988-09-05

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

Ministry: Ministry of Finance

Department: Department of Revenue

Section 18: Authorities and jurisdiction.
    1[18. Authorities and jurisdiction.--(1) The following shall be the authorities for the purposes of this Act, namely:--
         (a) the Initiating Officer;
         (b) the Approving Authority;
         (c) the Administrator; and
         (d) the Adjudicating Authority.
     (2) The authorities shall exercise all or any of the powers and perform all or any of the functions conferred on, or, assigned, as the case may be, to it under this Act or in accordance with such rules as may be prescribed.]
Notes:
1. Ins. by s. 9, ibid. (w.e.f. 1-11-2016).
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