The provisions of sub-sections (2), (3) and (4) of section 20 and sections 21, 22, 23, 24, 25, 26 and 27 shall apply after the Central Registry is set up or cause to be set up under sub-section (1) of section 20.
(1) If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order published in the Official Gazette, make such provisions not inconsistent with the provisions of this Act as may appear to be necessary for removing the difficulty:
Provided that no order shall be made under this section after the expiry of a period of two years from the commencement of this Act.
(2) Every order made under this section shall be laid, as soon as may be after it is made, before each House of Parliament.
The enactments specified in the Schedule shall be amended in the manner specified therein.
(1) The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Second) Ordinance, 2002 (Ord. 3 of 2002) is hereby repealed.
(2) Notwithstanding such repeal, anything done or any action taken under the said Ordinance shall be deemed to have been done or taken under the corresponding provisions of this Act.
Section 29 Offences, Section 30 Cognizance of offences
Section 30A Power of adjudicating authority to impose penalty
Section 30B Appeal against penalties, Section 30C Appellate Authority
Section 30D Recovery of penalties
Section 31 Provisions of this Act not to apply in certain cases
Section 31A Power to exempt a class or classes of banks or financial institutions
Section 32 Protection of action taken in good faith
Section 33 Offences by companies
Section Limitation, Section 37 Application of other laws not barred