State of Jammu-Kashmir - Act
Jammu and Kashmir Prohibition of Benami Property Transactions Act, 2018
JAMMU & KASHMIR
India
India
Jammu and Kashmir Prohibition of Benami Property Transactions Act, 2018
Rule JAMMU-AND-KASHMIR-PROHIBITION-OF-BENAMI-PROPERTY-TRANSACTIONS-ACT-2018 of 2018
- Published on 13 December 2018
- Commenced on 13 December 2018
- [This is the version of this document from 13 December 2018.]
- [Note: The original publication document is not available and this content could not be verified.]
Chapter I
Preliminary
1. Short title and commencement.
2. Definitions.
- In this Act, unless the context otherwise requires,-Chapter II
Prohibition of Benami Transactions
3. Prohibition of benami transactions.
4. Prohibition of the right to recover property held benami.
5. Property held benami liable to confiscation.
- Any property, which is subject matter of benami transaction, shall be liable to be confiscated by the Government.6. Prohibition on re-transfer of property by benamidar.
Chapter III
Authorities
7. Adjudicating Authority.
- The Government shall, by notification, appoint one or more Adjudicating Authorities to exercise jurisdiction, powers and authority conferred by or under this Act.8. Composition of Authority.
- An Adjudicating Authority shall consist of a Chairperson and at least two other Members.9. Qualifications for appointment of Chairperson and Members.
| (a) Chief Secretary | Chairperson |
| (b) Administrative Secretary, Home Department | Member |
| (c) Administrative Secretary, GeneralAdministration Department | Member |
| (d) Administrative Secretary, Department of Law,Justice and Parliamentary Affairs | Member |
10. Constitution of Benches of Adjudicating Authority.
11. Power of adjudicating Authority to regulate its own procedure.
- The Adjudicating Authority shall not be bound by the procedure laid down by the Code of Civil Procedure, Samvat 1977, but shall be guided by the principles of natural justice and, subject to the other provisions of this Act, the Authority shall have powers to regulate its own procedure.12. Term of office of Chairperson and Members of Adjudicating Authority.
- 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 five years, whichever is earlier and shall not be eligible for reappointment.13. Terms and conditions of services of Chairperson and Members of Adjudicating Authority.
14. Removal of Chairperson and Members of Adjudicating Authority.
15. Member to act as Chairperson in certain circumstances.
16. Vacancies, etc., not to invalidate proceedings of Adjudicating Authority.
- No act or proceeding of the Adjudicating Authority shall be invalid merely by reason of-17. Officers and employees of Adjudicating Authority.
18. Authorities and jurisdiction.
19. Powers of authorities.
20. Certain officers to assist in inquiry, etc.
- Such officers of the Government, local authorities or banking companies, as the Government may, by notification, specify in this behalf shall assist the authorities in the enforcement of this Act.21. Power to call for information.
22. Power of authority to impound documents.
23. Power of authority to conduct inquiry, etc.
- The Initiating Officer, after obtaining prior approval of the Approving Authority, shall have power to conduct or cause to be conducted any inquiry or investigation in respect of any person, place, property, assets, documents, books of account or other documents, in respect of any other relevant matters under this Act.Chapter IV
Attachment, Adjudication and Confiscation
24. Notice and attachment of property involved in benami transaction.
25. Manner of service of notice.
26. Adjudication of benami property.
27. Confiscation and vesting of benami property.
28. Management of properties confiscated.
29. Possession of the property.
Chapter V
Appellate Tribunal
30. Establishment of Appellate Tribunal.
- The Government shall, by notification, establish an Appellate Tribunal to hear appeals against the orders of the Adjudicating Authority under this Act.31. Composition etc., of Appellate Tribunal.
| (a) Chief Secretary | Chairperson |
| (b) Administrative Secretary, Home Department | Member |
| (c) Administrative Secretary, GeneralAdministration Department | Member |
| (d) Administrative Secretary, Department of Law,Justice and Parliamentary Affairs | Member |