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THE SPECIFIED BANK NOTES (CESSATION OF LIABILITIES) ACT, 2017

ACT NO. 2 OF 2017 · Enacted [27th February, 2017.] · 13 sections

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