Settlement Commission powers reassigned to Interim Board under Central Excise Act, applying section 32K mutatis mutandis. The amendment provides that, from the commencement date, the Interim Board shall exercise the powers of the Settlement Commission under section 32K of the Central Excise Act and that the provisions of section 32K shall apply to the Interim Board mutatis mutandis, effecting a direct legislative transfer of authority and equivalence in application.