The Specified Bank Notes (Cessation of Liabilities) Act

Short title and commencement

Definitions

Specified bank notes to cease to be liability of Reserve Bank or Central Government

Exchange of specified bank notes

Prohibition on holding transferring or receiving specified bank notes

Penalty for contravention of section 4

Penalty for contravention of section 5

Offences by companies

Special provisions relating to offences

Protection of action taken in good faith

Power to make rules

Power to remove difficulties

Repeal and savings

All sections

Notwithstanding anything contained in section 29
of the Code of Criminal Procedure, 1973 (2 of 1974), the court of a Magistrate of the First Class or
the court of a Metropolitan Magistrate may impose a fine, for contravention of the provisions of this
Act.

LAWGIST

# 9 Special provisions relating to offences