(1) Save as otherwise provided in this Act, the provisions of this Act or any rule made thereunder or any order made under any such rule shall have effect, notwithstanding anything inconsistent therewith contained in any other law for the time being in force or any custom or usage or any instrument having effect by virtue of any such law.
(2) Where a Commission of Inquiry has been constituted under section 3 of the Commissions of Inquiry Act, 1952, before the coming into force of this Act and a report for recommending commission of an offence by a financial establishment under this Act, has been furnished to the State Government after coming into force of this Act, the provisions of this Act or any rule made thereunder or any order made under any such rule relating to attachment or confiscation of properties of such financial Appeal.
Special public prosecutor.
Procedure and powers of Designated Court regarding offences.
Act to override other laws.
2 of 1974.
60 of 1952.
PART IV] THE KOLKATA GAZEI 1E, EXTRAORDINARY, MAY 14, 2015 15 Protection of action taken in good faith.
Power to make rules.
Power to remove difficulties.
The West Bengal Protection of Interest of Depositors in Financial Establishments Act, 2013.
(Sections 23-25.)
establishment and of every person including the promoter, partner, director, manager, member, employee or any other person responsible for the management of, or for conducting the business or affairs of such financial establishment, shall have effect, notwithstanding anything inconsistent therewith contained in any other law for the time being in force or any custom or usage or any instrument having effect by virtue of any such law.
23. No suit or other legal proceedings shall lie against the State Government or any officer of that Government or Competent Authority or other person exercising any powers or discharging any function or performing any duty under this Act, for anything which is in good faith done or intended to be done under this Act or any rule or order made thereunder.