[PROHIBITION OF BENAMI PROPERTY TRANSACTIONS ACT, 1988]

[45 OF 1988]

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

BE it enacted by Parliament in the Thirty-ninth Year of the Republic of India as follows :—

[CHAPTER I PRELIMINARY]

Short title, extent and commencement.

1. (1) This Act may be called the [Prohibition of Benami Property Transactions Act, 1988] (45 of 1988).

(2) It extends to the whole of India [***].

(3) The provisions of sections 3, 5 and 8 shall come into force at once, and the remaining provisions of this Act shall be deemed to have come into force on the 19th day of May, 1988.