Regulatory adaptation of prescribed forms - Central Government may modify Companies Act prescriptions by notification to apply to LIC Act. Section 50 allows forms, manners, periods, details and registers prescribed under the Companies Act to apply to the Life Insurance Corporation Act subject to modifications, exceptions and conditions specified by the Central Government by notification. Section 51 empowers the Central Government to make orders, not inconsistent with the Act, to remove difficulties arising from specified Finance Act amendments; such orders are subject to a three year temporal limit from commencement and must be laid before each House of Parliament.