Interim Board jurisdiction extended to settle pending applications, with substituted references and extended limitation periods and notification powers enabled. The amendment applies specified settlement provisions to pending applications before an Interim Board by substituting references to the Settlement Commission and Bench with Interim Board, deems the receipt date by the Interim Board as the application date, excludes a defined interregnum from limitation computation and extends any remaining period to sixty days if less, deems certain applications valid where required orders were not passed by the specified date, and grants the Central Government power to notify a scheme and to exempt or modify application of Act provisions for pending settlements.