Section 125 - Amendment of Finance Act, 2005 (Act 18 of 2005) - Finance Act, 2008

Amendment of Act 18 of 2005. 125. In the Finance Act, 2005,- (i) in section 95, after sub-section (2), the following sub-section shall be inserted with effect from the 1st day of April, 2009, namely:- ''(3) Notwithstanding anything contained in sub-section (1), no banking cash transaction tax shall be charged in respect of any taxable banking transaction entered into on or after the 1st day of April, 2009. ; (ii) the Seventh Schedule shall be amended in the manner specified in the Ninth Schedule.