Preference Shares (Regulation of Dividends) Act, 1960
Bare Act · 1960
An Act to regulate dividends on preference shares of certain companies.
- Act number
- 63 of 1960
- Enacted
- 28 December 1960
- Contents
- 8 sections
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Contents
- Section 1 – Short title and commencement
- Section 2 – Definitions
- Section 3 – Regulation of dividends on preference shares in certain cases
- Section 4 – Special provisions in relation to companies where a portion of their income is not chargeable to income-tax
- Section 4A – Deduction of income-tax
- Section 5 – Over-riding effect of Act (preview)
- Section 6 – Act not to apply to participating preference dividends (preview)
- Section 7 – Power to make rules (preview)