Act Number: 13

Act Name: The Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976

Year: 1976

Enactment Date: 1976-01-25

Long Title: An Act to provide for the forfeiture of illegally acquired properties of smugglers and foreign exchange manipulators and for matters connected therewith or incidental thereto.

Ministry: Ministry of Finance

Department: Department of Revenue

Section 11: Certain transfers to be null and void.
    Where after the issue of a notice under section 6 or under section 10, any property referred to in the said notice is transferred by any mode whatsoever such transfer shall, for the purposes of the proceedings under this Act, be ignored and if such property is subsequently forfeited to the Central Government under section 7, then, the transfer of such property shall be deemed to be null and void.
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