[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.