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The Specified Bank Notes (Cessation of Liabilities) Act

An Act to provide in the public interest for the cessation of liabilities on the specified bank notes and for matters connected therewith or incidental thereto.
2017
List of Chapters & Sections
All sections
  1. All sections

  2. 1
     Short title and commencement
  3. 2
     Definitions
  4. 3
     Specified bank notes to cease to be liability of Reserve Bank or Central Government
  5. 4
     Exchange of specified bank notes
  6. 5
     Prohibition on holding transferring or receiving specified bank notes
  7. 6
     Penalty for contravention of section 4
  8. 7
     Penalty for contravention of section 5
  9. 8
     Offences by companies
  10. 9
     Special provisions relating to offences
  11. 10
     Protection of action taken in good faith
  12. 11
     Power to make rules
  13. 12
     Power to remove difficulties
  14. 13
     Repeal and savings
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