The Industrial Development Bank (Transfer of Undertaking and Repeal) Act
14Power to remove difficulties
(1) If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order published in the Official Gazette, make such provisions not inconsistent with the provisions of this Act as may appear to it to be necessary or expedient for removing the difficulty:
Provided that no such order shall be made after the expiry of three years from the date of commencement of this Act.
(2) Every order made under this section shall be laid, as soon as maybe after it is made, before each House of Parliament.
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MISCELLANEOUS
- 6 Concession, etc., to be deemed to have been granted to Company
- 7 Tax exemption or benefit to continue to have effect
- 8 Guarantee to be operative
- 9 Shares, bonds and debentures to be deemed to be approved securities
- 10 Act to have overriding effect
- 11 Application of other laws not barred
- 12 Amendment to certain enactments
- 13 Substitution in Acts, rules, regulations or notifications by Company in place of Development Bank
- 14 Power to remove difficulties
- 15 Repeal and saving of Act 18 of 1964