Part IV — MISCELLANEOUS

Section 47Cognizance of offences

Section 47: Cognizance of offences

47. Cognizance of offences

No Court shall take cognizance of any offence punishable under [sub-section (5) of section 36AA or] section 46 except upon complaint in writing made by an officer of [the Reserve Bank or, as the case may be, the National Bank] generally or specially authorized in writing in this behalf by [the Reserve Bank or, as the case may be, the National Bank], and [no court other than that of a Metropolitan Magistrate or a Judicial Magistrate of the first class or any court superior thereto] shall try any such offence.

Amendment notes (3)
  1. Ins w.e.f. 1-2-1964 . Ins. by Act 55 of 1963, s. 26 (w.e.f. 1-2-1964).
  2. Subs w.e.f. 12-7-1984 . Subs. by Act 61 of 1981, s. 61 and Sch. II, for "the Reserve Bank" (w.e.f. 12-7-1984).
  3. Subs w.e.f. 15-2-1984 . Subs. by Act 1 of 1984 s. 39, for certain words (w.e.f. 15-2-1984).