Section 14Power to make rules

s. 14

14. Power to make rules (1) The Government may, by notification in the official Gazette, make rules for carrying out the purposes of this Act. (2) Without prejudice to the generality of the foregoing power, such rules may prescribe the procedure for determining, whether by means of arbitration or otherwise, the loss that may be sustained by Government in securing the fulfilment of any contract on which an exporter has defaulted, and the manner in which the liability of the defaulter for such loss may be discharged by him. (3) Rules made under this section shall be laid before the National Assembly at its meeting held next after the publication of the notification under sub-section (1).