(1) No person shall be entitled to make any demand against the Custodian or either of the Banks except to the extent provided for in this Regulation and no person shall have any right, whether in Certain claims barr d.
SKC. 1] THE GAZETTE OF INDIA EXTRAORDINARY 347 contract or otherwise, to any compensation for any loss incurred by reason of the operation of any of the provisions of this Regulation.
(2) If before the appointed day any movable property was pledged or hypothecated to or left for safe custody with either of the Banks and if the said property was, on or before the appointed day, removed to any place outside India, the Custodian shall not be liable for the restoration of the said property or for any payment on account of the surplus or other value thereof unless the said property has been actually recovered by him:
Provided that if there is any loss in the value of, or damage to, the property between the appointed day and the date on which it is recovered by the Custodian, he shall not be liable on account of any such loss or damage.
(3) No suit or other legal proceeding shall lie against the Custodian or the Central Government for anything which is in good faith done or intended to be done in pursuance of the provisions of this Regulation.
24. If any difficulty arises in giving effect to any of the provisions of this Regulation, the Central Government may, by order, do anything not inconsistent with such provisions which may appear to it to be necessary for the purpose of removing the difficulty.
25. The decrees, rules or orders issued by the former Portuguese administration in India in relation to the Banco Nacional Ultramarino or the Caixa Economica de Goa shall as from the appointed day cease to be in force to the extent they are inconsistent with the provisions of this Regulation except as regards things done or omitted to be done before that day under the saidi decrees, rules or orders.
26. Nothing in this Regulation shall be deemed to prejudice, alter or aifect in any manner the right of the Custodian to recover on behalf of the branches in Goa, Daman and Diu of the Banco Nacional Ultramarino or of the Caixa Economica de Goa, as the case may be, any amounts due to the said branches or the said institution from the head office of the Banco Nacional Ultramarino in Lisbon or from the Government of Portugal.
Power ta remoTt difficulty.
Repeal.
StVing.
S. RADHAKRISHNAN, President.
R. C. S. SARKAR, Secy, to the Govt. of India.
MUKTXD IN INDIA BY THE GENERAL MANAGER, GOVT. OF INDIA FU8B, NEW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS, DELHI 1962