Exemption power for unclaimed amounts permits government to relieve specified institutions from chapter provisions for set periods. The Central Government may, for reasons recorded in writing, exempt any unclaimed amount, institution, or class thereof from any or all provisions of the ... Summary
Exemption power for unclaimed amounts permits government to relieve specified institutions from chapter provisions for set periods.
The Central Government may, for reasons recorded in writing, exempt any unclaimed amount, institution, or class thereof from any or all provisions of the chapter, generally or for a specified period; a related power enables the government to issue orders to remove difficulties in implementing the chapter.
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