Preference Shares (Regulation of Dividends) Act, 1960

[Act No. 60 of Year 1960]

Contents
Sections	Particulars
1	Short title and commencement
2	Definitions
3	Regulation of dividends on preference shares in certain cases
4	Special provisions in relation to companies where a portion of their income is not chargeable to income-tax
4A	Deduction of income-tax
5	Overriding effect of Act
6	Act not to apply to participating preference dividends
7	Power to make rules
Schedule	Modification Of The Act In Its Application To The Union Territory Of Pondicherry

An Act to regulate dividends on preference shares of certain companies

Comment:This Act seeks to regulate dividends on preference shares of certain companies as specified.

Be it enacted by Parliament in the Eleventh Year of the Republic of India as follows:-