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Bare Acts

The Specified Bank Notes (Cessation of Liabilities) Act, 2017

Central · 2017

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