Which one of the following is not correct about the Indian Independence Act, 1947 ?

1
The Bill for the Indian Independence Act was introduced in Parliament on July 4 and received the Royal Assent on July 18, 1947.
2
Act of 1947 laid down the basic framework of the Indian Constitution.
3
The Act provided for the establishment of two independent Dominions to be known as India and Pakistan.
4
The Act empowered the Constituent Assembly of each Dominion to have unlimited power to frame and adopt any constitution.

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