Section 12 - Omitted - Prohibition Of Benami Property Transactions Act, 1988

2 [ **** ] ******************* Notes: 1. Inserted vide Benami Transactions (Prohibition) Amendment Act, 2016 2. Omitted vide THE FINANCE ACT, 2021 dated 28-03-2021 w.e.f. 01-07-2021 before it was read as Term of office of Chairperson and Members of Adjudicating Authority. 12. The Chairperson and Members of the Adjudicating Authority shall hold office for a term not exceeding five years from the date on which they enter upon their office, or until they attain the age of sixty- two years, whichever is earlier and shall not be eligible for re-appointment.