Power to make rules

Section 11 of the Specified Bank Notes (Cessation of Liabilities) Act, 2017 deals with power to make rules. The Central Government may, by notification, make rules for carrying out the provisions of this Act. The Act came into force on 31 Dec 2016.

(1) The Central Government may, by notification, make rules for carrying out the provisions of this Act.

(2) Every rule made under this Act shall be laid, as soon as may be after it is made, before each House of Parliament 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 immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree 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.

Section 11, The Specified Bank Notes (Cessation of Liabilities) Act, 2017 (Act 2 of 2017).