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Section 4: Power to make rules.

The International Finance Corporation (Status, Immunities and Privileges) Act, 1958Central Act · Act 42 of 1958

(1) The Central Government may, by notification in the Official Gazette, make rules for carrying out the purposes 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.]

Where this provision sits

ActThe International Finance Corporation (Status, Immunities and Privileges) Act, 1958
Section4
Marginal notePower to make rules.
JurisdictionCentral
StatusIn 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.

  • substituted, Act 20 of 1983. . Subs. by Act 20 of 1983, s. 2 and the Schedule, for sub-section (2) (w.e.f. 15-3-1984).

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