Section 34 in The Securities and Exchange Board of India Act, 1992

Title: Power to remove difficulties

Description: (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 five 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. 1[34A. Validation of certain acts.--Any act or thing done or purporting to have been done under the principal Act, in respect of calling for information from, or furnishing information to, other authorities, whether in India or outside India, having functions similar to those of the Board and in respect of settlement of administrative and civil proceedings, shall, for all purposes, be deemed to be valid and effective as if the amendments made to the principal Act had been in force at all material times.] 1. Ins. by s. 23, ibid. (w.e.f. 18-7-2013).

Title: Validation of certain acts

Description: 1[34A. Validation of certain acts.--Any act or thing done or purporting to have been done under the principal Act, in respect of calling for information from, or furnishing information to, other authorities, whether in India or outside India, having functions similar to those of the Board and in respect of settlement of administrative and civil proceedings, shall, for all purposes, be deemed to be valid and effective as if the amendments made to the principal Act had been in force at all material times.] 1. Ins. by s. 23, ibid. (w.e.f. 18-7-2013).

Title: Repeal and saving

Description: (1) The Securities and Exchange Board of India Ordinance, 1992 (Ord. 5 of 1992), is hereby repealed.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.

Title: Short title and commencement

Description: 1) This Act may be called the Central Laws (Extension to Arunachal Pradesh) Act, 1993. (2) It shall come into force on such date1 as the Central Government may, by notification in the Official Gazette, appoint. 1. 1st July, 1994, vide notification No. S.O. 491(E), dated1st July, 1994, see Gazette of India, Extraordinary, Part II, sec. 3(ii).

Title: Extension of certain laws

Description: The Acts mentioned in the Schedule and all rules, orders, regulations and schemes made thereunder are hereby extended to, and shall be in force in, the State of Arunachal Pradesh.

CHAPTER 7 MISCELLANEOUS