Section 53L of The Competition Act, 2002 — Restriction on employment of Chairperson and other Members of Appellate Tribunal in certain cases
Bare section text
Official Legislative Text
[Restriction on employment of Chairperson and other Members of Appellate Tribunal in certain cases.]
Educational Study Layer
Summary
- Section 53L originally provided for restrictions on the employment of the Chairperson and other Members of the Appellate Tribunal in certain cases.
- This restrictive provision was completely omitted from the Competition Act, 2002.
- The omission of this section was enacted by Section 171 of the Finance Act, 2017.
- The omission became effective on May 26, 2017.
Practical examples
FAQ
1. Is there any active text in Section 53L of the Competition Act, 2002?
No, Section 53L of the Competition Act, 2002 is completely omitted and contains no active statutory text.
2. What did Section 53L of the Competition Act, 2002 deal with before it was omitted?
Before its omission, Section 53L of the Competition Act, 2002 dealt with the restrictions on employment of the Chairperson and other Members of the Appellate Tribunal in certain cases.
3. What law removed Section 53L from the Competition Act, 2002?
Section 53L of the Competition Act, 2002 was omitted by Section 171 of the Finance Act, 2017.
4. On which date did the omission of Section 53L of the Competition Act, 2002 take effect?
The omission of Section 53L of the Competition Act, 2002 took effect on May 26, 2017.
5. Are restrictions on employment for tribunal members still found in Section 53L of the Competition Act, 2002?
No, because Section 53L of the Competition Act, 2002 was omitted on May 26, 2017, any such restrictions are no longer found in this section.
Practice Quiz
Q1.Under Section 53L of the Competition Act, 2002, what happened to the restrictions on the employment of the Appellate Tribunal's Chairperson and other Members in certain cases?
Q2.Which specific act omitted Section 53L of the Competition Act, 2002 from the law?
Q3.When did the omission of Section 53L of the Competition Act, 2002 become legally effective?
Q4.Which section of the Finance Act, 2017 was responsible for omitting Section 53L of the Competition Act, 2002?
Q5.Under the Competition Act, 2002, which other section in Chapter VIIIA shares the exact same omission history (omitted by Section 171 of the Finance Act, 2017) as Section 53L?