Amendment status not verified — confirm the current text below against the official source.
Power to make rules.- (1)The State Government may, by notification, make rules to carry out the purposes of this Act. (2) In particular and without prejudice to the generality of the foregoing powers, such rules may provide for,- (i) procedures for seizure, attachment and forfeiture; (ii) formats for registers, notices and reports; (iii) time limits and procedures for appeals; (iv) appointment of Recovery Officers and staff, as may deem fit; and (v) procedure of disposal or auction of forfeited property or absolutely attached property. (3) Every rule made under this Act shall be laid, as soon as may be, after it is made, before each House of the State Legislature, while it is in session for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session in which it is so laid or the session or sessions immediately following, both Houses agree in making any modification in the rule or both Houses agree that the rule shall not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done or omitted to be done under that rule.