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Renewal of Bill Video Lecture | Accountancy Class 11 - Commerce

82 videos|105 docs|42 tests

FAQs on Renewal of Bill Video Lecture - Accountancy Class 11 - Commerce

1. What is the purpose of the Bill renewal?
Ans. The purpose of renewing the Bill is to extend its validity or make amendments to existing laws and regulations.
2. How often does the Bill need to be renewed?
Ans. The frequency of renewing the Bill depends on the specific legislation and the terms outlined in the original Bill. It can vary from annually to several years.
3. What happens if the Bill is not renewed?
Ans. If the Bill is not renewed, it may expire, and the laws or regulations it enforces may no longer be in effect. This could lead to legal and administrative complications.
4. Who is responsible for renewing the Bill?
Ans. The responsibility for renewing the Bill generally falls upon the legislative body or the government agency overseeing the legislation. They are responsible for initiating the renewal process and ensuring its passage.
5. Can amendments be made during the renewal of the Bill?
Ans. Yes, the renewal of the Bill provides an opportunity to make amendments. These amendments can include changes to existing provisions, addition of new clauses, or removal of outdated sections. The extent of amendments allowed depends on the specific legislative procedures and requirements.
82 videos|105 docs|42 tests

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