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Section 40 - Banning of Unregulated Deposit Schemes Act, 2019
40. Power to amend First Schedule.-
(1) The Central Government may, having regard to the objects of this Act, and if it considers necessary or expedient so to do, by notification, add to, or as the case may be, omit from the First Schedule, any scheme or arrangement, and on such addition, or omission, such scheme or arrangement shall become, or cease to be, a Regulated Deposit Scheme, as the case may be.
(2) A copy of every notification issued under this section shall, as soon as may be after it has been issued, be laid before each House of Parliament.
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Related Acts
- Indian Antarctic Act, 2022
- Taxation Laws (Second Amendment) Act, 2016
- National Commission for Indian System of Medicine Act, 2020
- National Institutes of Food Technology, Entrepreneurship and Management Act, 2021
- The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013
* Only for reference.