Section 55A: Power to remove difficulties

The Banking Regulation Act, 1949Central Act · Act 10 of 1949

[55A. Power to remove difficulties.--If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order, as occasion requires, do anything (not inconsistent with the provisions of this Act) which appears to it to be necessary for the purpose of removing the difficulty:

Provided that no such power shall be exercised after the expiry of a period of three years from the commencement of section 20 of the Banking Laws (Amendment) Act, 1968 (58 of 1968).]

Where this provision sits

Act	The Banking Regulation Act, 1949
Section	55A
Marginal note	Power to remove difficulties
Jurisdiction	Central
Status	In force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

inserted, Act 58 of 1968. . Ins. by Act 58 of 1968, s. 20 (w.e.f. 1-2-1969).

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