Specified Bank Notes (Deposit of Confiscated Notes) Rules, 2017

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..... the proviso to section 5, of the Specified Bank Notes (Cessation of Liabilities) Act, 2017 (2 of 2017), the Central Government hereby makes the following rules, namely:- 1. Short title and commencement. - (1) These rules may be called the Specified Bank Notes (Deposit of Confiscated Notes) Rules, 2017. (2) They shall come into force on the date of their publication in the Official Gazet .....

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..... specified bank notes, the serial numbers of which- (i) have been noted by the law enforcement agency which confiscated or produced them before the court; and (ii) are mentioned in the direction of the court; (b) in case specified bank notes are forfeited in favour of the Central Government or the State Government by an order of the court, then, that Government shall be entitled, on produc .....

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