LawgistThe Specified Bank Notes (Cessation of Liabilities) Act
12Power 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 under this section after the expiry of a period of two years from the date of commencement of this Act.
(2) Every order made under this section shall, as soon as may be after it is made, be laid before each House of Parliament.
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All sections
- 1 Short title and commencement
- 2 Definitions
- 3 Specified bank notes to cease to be liability of Reserve Bank or Central Government
- 4 Exchange of specified bank notes
- 5 Prohibition on holding transferring or receiving specified bank notes
- 6 Penalty for contravention of section 4
- 7 Penalty for contravention of section 5
- 8 Offences by companies
- 9 Special provisions relating to offences
- 10 Protection of action taken in good faith
- 11 Power to make rules
- 12 Power to remove difficulties
- 13 Repeal and savings
