The High Denomination Bank Notes (Demonetisation) Act, 1978

[Act No. 11 of 1978]

[30th March, 1978.]

Contents:
Title	The High Denomination Bank Notes (Demonetisation) Act, 1978
Sections:	Particulars:
1.	Short title, extent and commencement
2.	Definitions
3.	High denomination bank notes to cease to be legal tender
4.	Prohibition of transfer and receipt of high denomination bank notes
5.	Declaration of high denomination bank notes by banks and Government treasuries
6.	Exchange of high denomination bank notes held by banks and Government treasuries
7.	Exchange of high denomination bank notes held by other persons
8.	Exchange of notes after the time limit specified in section 7
9.	Closing of banks and Government treasuries
10.	Penalties
11.	Special provisions relating to offences
12.	Protection of action taken in good faith
13.	Removal of difficulties
14.	Power to make rules
15.	Repeal and saving
Schedule I	Form of Declaration