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Section 1 - Short title and commencement - Finance Act, 1986Extract MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 13th May, 1986/Vaisakha 23, 1908 (Saka) The following Act of Parliament received the assent of the President on the 13th May, 1986, and is hereby published for general information: THE FINANCE ACT, 1986 No. 23 of 1986 [13th May, 1986] An Act to give effect to the financial proposals of the Central Government for the financial year 1986-87. BE it enacted by Parliament in the Thirty-seventh Year of the Republic of India as follows: - CHAPTER I PRELIMINARY 1. Short title and commencement (1) This Act may be called the Finance Act, 1986. (2) Save as otherwise provided in this Act, sections 2 to 47 (except sections 27, 34, 35 and 36) shall be deemed to have come into force on the 1st day of April, 1986.
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