SCHEDULE 15 - THE FIFTEENTH SCHEDULE (See section 236) - Finance Bill, 2016

THE FIFTEENTH SCHEDULE (See section 236) Year No. Short title Extent of repeal (1) (2) (3) (4) 1946 22 The Mica Mines Labour Welfare Fund Act, 1946 Section 2. 1953 49 The Salt Cess Act, 1953 The whole. 1958 44 The Merchant Shipping Act, 1958 Section 261, clause (y) of section 262, section 356M, section 356N, clause (e) of section 356-O. 1963 41 The Textiles Committee Act, 1963 Sections 5A, 5D, 5E, 5F, clause (aa) of sub-section (1) of section 7 and clause (da) of sub-section (2) of section 22. 1972 62 The Limestone and Dolomite Mines Labour Welfare Fund Act, 1972 Sections 3, 4 and clauses (a) to (f) of sub-section (2) of section 16. 1975 26 The Tobacco Cess Act, 1975 The whole 1976 55 The Iron Ore Mines, Manganese Ore Mines and Chrome Ore Mines Labour Welfare Cess Act, 1976 Sections 3, 4, 5 and section 6. 1981 30 The Cine-workers Welfare Cess Act, 1981 Clause (a) of section 3. AMENDMENTS Year No. Short title Amendments (1) (2) (3) (4) 1972 62 The Limestone and Dolomite Mines Labour Welfare Fund Act, 1972 For sub-section (1) of section 5, the following sub-section shall be substituted, namely: (1) The Central Government shall constitute a fund called the Limestone and Dolomite Labour Welfare Fund (hereinafter referred to as the Fund). . 1976 56 The Beedi Workers Welfare Cess Act, 1976 In sub-section (1) of section 3, for the words not be less than fifty paisa or more than five rupees , the words not be less than five rupees or more than twenty-four rupees shall be substituted. STATEMENT OF OBJECTS AND REASONS The object of the Bill is to give effect to the financial proposals of the Central Government for the financial year 2016-2017. The notes on clauses explain the various provisions contained in the Bill.