Section 124:
Provisions with respect to regulations
(1) No regulation made by the Board under this Act
1[, other than a regulation made under sub-section (2) of section 17,] shall have effect until it has been
approved by the Central Government and until such approval has been published in the Official Gazette.
(2) No such regulation 2[other than a regulation made under section 28,] shall be approved by the
Central Government until the same has been published by the Board for two weeks successively in the
Official Gazette and until fourteen days have expired from the date on which the same had been first
published in that Gazette.
(3) Any regulation made under this Act other than a regulation made under section 28 may provide
that a breach thereof shall be punishable with fine which may extend to 3[two thousand rupees], and
where the breach is a continuing one, with further fine which may extend to 4[five hundred rupees] for
every day after the first during which such breach continues.
5[(4) Every regulation made under this Act shall be laid, as soon as may be after it is made, before
each House of Parliament, while it is in session, for a total period of thirty days which may be comprised
in one session or in two or more successive sessions, and if, before the expiry of the session or the
successive sessions aforesaid, both Houses agree in making any modification in the regulation or both
Houses agree that the regulation should not be made, the regulation shall thereafter have effect only in
such modified form or be of no effect, as the case may be; so, however, that any such modification or
annulment shall be without prejudice to the validity of anything previously done under that regulation].
Notes:
1. Ins. by Act 29 of 1974, s. 37 (w.e.f. 1-2-1975).
2. Ins. by Act 17 of 1982, s. 20 (w.e.f. 31-5-1982).
3. Subs. by s. 20, ibid., for "two hundred rupees" (w.e.f. 31-5-1982).
4. Subs. by s. 20, ibid., for "fifty rupees" (w.e.f. 31-5-1982).
5. Ins. by s. 20, ibid. (w.e.f. 31-5-1982).