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Under section 32, Factoring Regulation Act, 2012 (1)
Text
Section 32, Factoring Regulation Act, 2012 [S26-8J6]
As at 7 September 2026. In force from 16 December 2012.
32. Power to remove difficulties.—(1) If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order published in the Official Gazette, make such provisions not inconsistent with the provisions of this Act as may appear to it to be necessary for removing the difficulty: Provided that no such order shall be made under this section after the expiry of a period of two years from the commencement of this Act. (2) Every order made under this section shall be laid, as soon as may be after it is made, before each House of Parliament.
Defined terms in this text (0)
none
Made under this section, or naming it (1)
Factoring Regulation (Removal of Difficulties) Order, 2023 [N14-QRX], 11 March 2023, in force. Recital: "Whereas difficulties have arisen in giving effect to the provisions of the Factoring Regulation Act, 2012 (12 of 2012); NOW, THEREFORE, in exercise of the powers conferred by section 32 of the said Act, the Central Government hereby makes the following Order to remove the difficulties, namely:"
Cited by (0)
none
Not held (0)
none
Duties published under this section (0)
none
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