Banking Regulation Act, 1949
55A Power to remove difficulties
If any difficulty arises in giving effect to
the provisions of this Act, the Central Government may, by order as occasion
requires, do anything (not inconsistent with the provisions of this Act) which
appears to it to be necessary for the purpose of removing the difficulty:
PROVIDED that no such power shall be exercised
after the expiry of a period of three years from the commencement of section 20
of the Banking Laws (Amendment) Act, 1968 (58 of 1968).]