The Assam Protection of Interests of Depositors (In Financial Establishments) (Amendment) Act, 2014
###### Registered No.-768/97

## THE ASSAM GAZETTE

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##### EXTRAORDINARY

###### ett~ <fS{~<f ~ ~
 PUBLISHED BY THE AUTHORITY

~~ 236 N-t~ , ~qC4<1R , 25 ~'i'\%, 2015, 3 ~, 1 9 3 7~ )

###### No. 236 Dispur, Tuesday, 25th August, 2015, 3rd Bhadra, 1937 (S.E.)

 GOVERNMENT OF ASSAM

 ORDERS BY THE GOVERNOR

 LEGISLATIVE DEPARTMENT: : : LEGISLATIVE BRANCH

 NOTIFICATION

 The 24th August, 20 15

 No. LGL.19/2013/35.- The following Act of the Assam Legislative Assembly which received the assent of the President on 04/08/20 15 is hereby publi shed for general information.

 ASSAM ACT NO. XX OF 2015

 (Received the assent of the President on 4th August, 2015)

 THE ASSAM PROTECTION OF INTERESTS OF DEPOSITORS

 (IN FINANCIAL ESTABLISHMENTS) (AMENDMENT) ACT, 2014


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###### 1142 THE ASSAM GAZETTE, EXTRAORDINA RY, AUGUST 25, 2015

##### AN ACT

further to amend the Assam Protection of Interests of Depositors
(in Financial Establishmentsj.Act, 2000.

Preamble Whereas it is expedient further to amend the Assam Assam

Protection of Interests of Depositors (in Financial Establishments) Act No.
Act,2000, hereinafter referred to as the principal Act.

VI of

It is hereby enacted ih the Sixty-fifth Year of the Republic of

2000

Indiaas follows;-

Short title, I. (i) This Act may be called the Assam Protection of Interests of
extent and Depositors (in Financial Establishments) (Amendment) Act,
commenc- 2014.
ement (ii) It shall have the like extent as the principal Act.

(iii) It shall come into force at once.

Insertion of 2. In the principal Act, after section 38, the following new
new section 3C section 3C shall be inserted, namely :-'

"Provisions 3C. Notwithstanding anything contained in section 438 of the Central

###### of section Code of Criminal Procedure, 1973. no Court shall grant Act
438 of the anticipatory bail to any person apprehending arrest in No.2 of
Cr.P.C not connection with an offence under this Act." 1974
to apply

Insertion of new J. In the principal Act, after the existing section 5, the
section 5A following new section SA shall be inserted and the existing

section 5A shall be renumbered as section 58, namely :-

"Compoun- 5A. (I) An offence punishable under section 5 may, before the
ding of institution of the prosecution, be compounded by the
offences competent authority or after the institution of the

prosecution, be compounded by the competent authority with
the permission of the Court of District and Session Judge, on
payment of the entire amount' due to the depositors with or
withoutinterest.

###### U) Where. an offence has been compounded under sub-
section(I), no proceeding or further proceeding, as the case
may be, shall be taken or continued against the offender, in
respect of the offence so compounded and the offender. if in
custody. shall be discharged forthwith."

###### S. M. BUZAR BAR AH,
 Secretary to the Government of Assam, Legislative Department, Dispur.

Guwahati : Printed and Published by the Dy. Director (P & S), Directorate of Ptg. & Sty.Assam, Guwahati-21 .
Ex Gazette No. 471- 600 + 100 - 25 - 08 - 2015.


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