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High Denomination Bank Notes (Demonetisation) Act, 1978 Complete Act - Bare Act

State

Central Government

Year

Act Info:


Preamble1 - HIGH DENOMINATION BANK NOTES (DEMONETISATION) ACT, 1978
Section1 - Short title, extend and commencement
Section2 - Definitions
Section3 - High denomination bank notes to cease to be legal tender
Section4 - Prohibition of transfer and receipt of high denomination bank notes
Section5 - Declaration of high denomination bank notes by bank notes and Government treasuries
Section6 - Exchange of high denomination bank notes held by banks and Government treasuries
Section7 - Exchange of high denomination bank notes held by other persons
Section8 - Exchange of notes after the time limit specified in section 7
Section9 - Closing of banks and Government treasuries
Section10 - Penalties
Section11 - Special provisions relating to offences
Section12 - Protection of action taken in good faith
Section13 - Removal of difficulties
Section14 - Power to make rules
Section15 - Repeal and saving
ScheduleI - FORM OF DECLARATION


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