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<h1>Designated board may frame implementation rules for Act, including valuation, appeals, recovery, retrospective effect, subject to parliamentary annulment.</h1> A designated board, with the central executive's approval and notification, may make rules to implement the Act, including provisions on valuation of undisclosed foreign assets, designation of tax authorities, forms and service of notices, procedures for appeals and recovery, payment methods, document transmission, valuer approval, authorised representative qualifications, rounding methods and other prescribed matters. Rules may be given retrospective effect from commencement of the Act provided they do not prejudicially affect taxpayers. Every rule must be laid before both Houses of Parliament for specified days and may be modified or annulled by them without affecting prior actions under the rule.