Voluntary Deposits (Immunities and Exemptions) Act, 1991
3. Immunities.-
1.
Notwithstanding
anything contained in any other law for the time being in force,-- (a) no
person, who has made a deposit with the National Housing Bank in accordance
with the scheme, shall be required to disclose, for any purpose whatsoever, the
nature and source of the deposit; (b) no inquiry or investigation shall be
commenced against any person under any such law on the ground that he has made
the deposit; (c) the fact that a person has made the deposit shall not be taken
into account and shall be inadmissible as evidence in any proceedings relating
to any offence or the imposition of any penalty under any such law.
2.
Nothing
in sub-section (1) shall apply in relation to prosecution for any offence
punishable under Chapter IX or Chapter XVII of the Indian Penal Code, (45 of
1860) the Narcotic Drugs and Psychotropic Substances Act, 1985, (61 of 1985).
the Terrorist and Disruptive Activities (Prevention) Act, 1987, (28 of 1987)
the Prevention of Corruption Act, 1988 (49 of 1988) or for the purpose of
enforcement of any civil liability.