Part VI, Part X & Part XI of Chapter VIII of the Finance Act 2018 come into force from 08.03.2019

Provisions of Part VI, Part X and Part XI of Chapter VIII of the Finance Act 2018 to come into force from 8th day of March, 2019

MINISTRY OF FINANCE
(Department of Economic Affairs)

NOTIFICATION

New Delhi, the 8th March, 2019

S.O. 1314(E) —In exercise of the powers conferred by sections 146, 178 and 191 of the Finance Act, 2018 (13 of 2018), the Central Government hereby appoints the 08th day of March, 2019, as the date on which the provisions of Part VI, Part X and Part XI of Chapter VIII of the said Act shall come into force.

[F. No. 5/05/FM/2017]

A. M. BAJAJ, Jt. Secy. (Financial Markets)

Author’s Note:

The said Part VI, Part X and Part XI of the Finance Act 2018 made amendments to the Securities Contracts (Regulation) Act 1956, the Securities And Exchange Board of India Act 1992 and Depositories Act, 1996 by inter alia providing penalty for contravening of the respective rules or regulations 

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