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Bare Acts

High Denomination Bank Notes (Demonetisation) Act, 1978

Central · 1978

Chapter Section 1

  • S. 1Short title, extent and commencement.--

Chapter Section 2

  • S. 2Definitions.--

Chapter Section 3

  • S. 3High denomination bank notes to cease to be legal tender.--

Chapter Section 4

  • S. 4Prohibition of transfer and receipt of high denomination bank notes.--

Chapter Section 5

  • S. 5Declaration of high denomination bank notes by banks and Government treasuries.--

Chapter Section 6

  • S. 6Exchange of high denomination bank notes held by banks and Government treasuries.--

Chapter Section 7

  • S. 7Exchange of high denomination bank notes held by other persons.--

Chapter Section 8

  • S. 8Exchange of notes after the time limit specified in Section 7.--

Chapter Section 9

  • S. 9Closing of banks and Government treasuries.--

Chapter Section 10

  • S. 10Penalties.--

Chapter Section 11

  • S. 11Special provisions relating to offences.--
  • S. 12Protection of action taken in good faith.--

Chapter Section 13

  • S. 13Removal of difficulties.--

Chapter Section 14

  • S. 14Power to make rules.--

Chapter Section 15

  • S. 15Repeal and saving.--
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