The Forward Contracts (Regulation) Act, 1952 · III — RECOGNISED ASSOCIATIONS

Section 5. Cls. (a), (b), (c), (d) and (e) re-lettered as cls. (b), (c), (d), (e) and (g) by s. 9, ibid . (w.e.f. 28-12-1960)

In force · As amended up to 2026-08

5. Cls. (a), (b), (c), (d) and (e) re-lettered as cls. (b), (c), (d), (e) and (g) by s. 9, ibid . (w.e.f. 28-12-1960). 6. Ins. by s. 9, ibid. (w.e.f. 28-12-1960). 7. Subs. by s. 9, ibid., for "clauses (a), (b), (c) and (d)" (w.e.f. 28-12-1960). 8. Subs. by s. 9, ibid ., for "clauses (a) to (e)" (w.e.f. 28-12-1960). Government and published by that Government in the Official Gazette and, in approving the rules so made or amended, the Central Government may make such modifications therein as it thinks fit, and on such publication, the rules as approved by the Central Government shall be deemed to have been validly made, notwithstanding anything to the contrary contained in the Companies Act, 1956 (1 of 1956). (3) Where, before the commencement of the Forward Contracts (Regulation) Amendment Act, 1957 (32 of 1957), any rules have been made or amended in relation to any matter referred to in[1] [clauses (b) to (e) and (g)] of sub-section (1), the rules so made or amended shall not be deemed to be invalid or ever to have been invalid merely by reason of the fact that the rules so made or amended are repugnant to any of the provisions of the Companies Act, 1956 (1 of 1956).]

Source: India Code