(1) The State Government may, by notification in the Official Gazette, make rules for carrying out the purposes of this Act.
Audit, inspection and inquiry reports of societies to be available to banks.
E x e m p t i o n from legislations relating to money lending and agricul turists' debt relief.
Mortgage executed by managers of Joint Hindu families.
Modified application of section 8 of Act 32 of
1976.
Power to make rules.
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(2) Every rule made by the State Government under this Act shall be laid as soon as may be after it is made, before the Legislative Assembly while it is in session for a total period of not less than fourteen days which may be comprised in one session or in two or more successive sessions and if, before the expiry of the session in which it is so laid or the successive sessions aforesaid the Legislative Assembly agree in making any modification in the rule or the Legislative Assembly 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.