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Section 29

Power to Exempt.

The Government may, after consultation with the Reserve Bank, by notification in the 1[Official Gazette], exempt such money lenders or accredited loan providers, from all or any of the provisions of this Act, subject to such conditions as it may deem fit and for such period as may be specified.


1. Substituted by S.O. 1229(E) dated 31.03.2020 for “Government Gazette”.