{"id":215122,"date":"2019-05-28T19:30:24","date_gmt":"2019-05-28T14:00:24","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=215122"},"modified":"2019-05-28T17:13:20","modified_gmt":"2019-05-28T11:43:20","slug":"prohibition-of-benami-property-transactions-conditions-of-services-of-members-of-adjudicating-authority-rules-2019-notified","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/05\/28\/prohibition-of-benami-property-transactions-conditions-of-services-of-members-of-adjudicating-authority-rules-2019-notified\/","title":{"rendered":"Prohibition of Benami Property Transactions (Conditions of services of Members of Adjudicating Authority) Rules, 2019 &#8212; Notified"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>G.S.R. 379(E)\u2014<\/strong> In exercise of the powers conferred by Section 68 read with sub-section (2) of Section 9, sub-section (1) of Section 13 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988) (hereafter referred to as \u2018the Act\u2019), the Central Government hereby makes the following rules, namely:\u2014<\/p>\n<p style=\"text-align: justify;\"><strong>1. Short title and commencement\u2014<\/strong> (1) These rules may be called the <span style=\"color: #800000;\"><strong>Prohibition of Benami Property Transactions (Conditions of services of Members of Adjudicating Authority) Rules, 2019<\/strong><\/span>.<\/p>\n<p style=\"text-align: justify;\">\u00a0 \u00a0 (2) They shall come into force on the date of their publication in the Official Gazette.<\/p>\n<p style=\"text-align: justify;\"><strong>2. Definition?<\/strong> (1) In these rules, unless the context otherwise requires,?<\/p>\n<p style=\"text-align: justify;\">(a) \u201cAct\u201d means the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988);<\/p>\n<p style=\"text-align: justify;\">(b) \u201cSearch\u2013cum\u2013Selection Committee\u201d means the Search\u2013cum\u2013Selection Committee as referred to in Rule 3;<\/p>\n<p style=\"text-align: justify;\">(c) \u201csection\u201d means a section of the Act.<\/p>\n<p style=\"text-align: justify;\">(2) Words and expression used and not defined in these rules but defined in the Act shall have the same meanings respectively assigned to them in the Act.<\/p>\n<p style=\"text-align: justify;\">3. <strong>Method of recruitment?<\/strong> (1) The Member of the Adjudicating Authority shall be appointed by the Central Government, on the recommendation of the Search\u2013cum\u2013Selection Committee specified in sub-rule (4) in respect of the said members.<\/p>\n<p style=\"text-align: justify;\">(2) The Search\u2013cum\u2013Selection Committee shall determine its procedure for making its recommendation.<\/p>\n<p style=\"text-align: justify;\">(3) No appointment of Member of the Adjudicating Authority shall be invalid merely by reason of any vacancy or absence in the Search\u2013cum\u2013Selection Committee.<\/p>\n<p style=\"text-align: justify;\">(4) The Search\u2013cum\u2013Selection Committee for the post of the Member of the Adjudicating Authority shall consist of,\u2014<\/p>\n<p style=\"text-align: justify;\">(i) Secretary to the Government of India, Ministry of Finance, Department of Revenue \u2014 Chairperson;<\/p>\n<p style=\"text-align: justify;\">(ii) Secretary to the Government of India, Ministry of Law and Justice, Department of Legal Affairs \u2014 Member;<\/p>\n<p style=\"text-align: justify;\">(iii) Chairperson, Central Board of Direct Taxes \u2014 Member.<\/p>\n<p><strong><span style=\"color: #ff0000;\">*Please follow the link for detailed notification: <a href=\"http:\/\/egazette.nic.in\/WriteReadData\/2019\/204812.pdf\">Notification<\/a><\/span><\/strong><\/p>\n<hr \/>\n<p><strong>[Notification dt. 27-05-2019]<\/strong><\/p>\n<p style=\"text-align: right;\"><strong>Ministry of Finance<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>G.S.R. 379(E)\u2014 In exercise of the powers conferred by Section 68 read with sub-section (2) of Section 9, sub-section (1) of Section 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