"(7) Notwithstanding anything contained in section 29 of the Code of Criminal Procedure, 1973, it shall be lawful for any metropolitan magistrate and for any magistrate of the first class to pass a sentence of imprisonment for a term exceeding three years or of fine exceeding five thousand rupees on any person convicted of an offence punishable under section 56.".
31. In section 64 of the principal Act, in sub-sections (7) and (2), for the word and figures "section 18", the words, figures and letter "section 18, section 18A," shall be substituted.
32. In section 66 of the principal Act, in sub-section (7), for the words and figures "section 562 of the Code of Criminal Procedure, 1898", the words and figures "section 360 of the Code of Criminal Procedure, 1973" shall be substituted.
Amendment of section 50.
Amendment of section 52.
Amendment of section 53.
Amendment of section 56.
Amendment of section 58.
Amendment of section 61.
Amendment of section 64.
Amendment of section 66.
6 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—SEC. 1] Amendment of section 67.
Amendment of section 71.
Amendment of section 73.
Insertion of new section
73A.
Penalty for contravention of direction of Reserve Bank or for failure to file returns.
Amendment of section 74.
Amendment of section 79.
33. In section 67 of the principal Act, for the word and figures "section 18", the words, figures and letter "section 18, section 18A" shall be substituted.
34. In section 71 of the principal Act, in sub-section (3), for the words "two hundred and fifty rupees", the words "fifteen thousand rupees" shall be substituted.
35. In section 73 of the principal Act, in sub-section (3), the words and figures "persons referred to in sub-section (7) of section 32" shall be omitted.