Amendment status not verified — confirm the current text below against the official source.
The provisions of this Act shall have effect notwithstanding anything inconsistent therewith contained in the Code of Civil Procedure, 1908, or in any other law for the time being in force or any custom, usage or contract, or any decree or order of a court, tribunal or other authority. Power to make rules 12.(1) The Government may, by notification in the Official Gazette, make rules for carrying out the purposes of this Act. (2) Every rule made under this Act shall be laid as soon as may be after it is made, before the Legislative Assembly while it is in session, for a total period of fourteen days which may be comprised in one session or in two successive sessions, and if, before the expiry of the session in which it is so laid or the session immediately following, the Legislative Assembly makes any modification in the rule or decides that the rule should 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 under that rule. _______ STATEMENT OF OBJECTS AND REASONS FOR ACT NO.7 OF 1989 The question of bringing a comprehensive legislation providing relief from debt burden to various categories of people was engaging the attention of this Administration. After extensive study and careful examination of the debt relief laws prevalent in the neighbouring States, it has been proposed to provide total discharge of debt to debtors whose annual income does not exceed rupees four thousand and eight hundred. The Bill seeks to achieve the above object. ______