Section 8, The Currency Control and Economic Sabotage Act, 1989 [Margin: Short title.]

(1) Notwithstanding any provision contained in this Act or in section 79 of the Criminal Procedure Act, 1965 any police officer or constable in charge of a Police Station shall within twenty-four hours of arrest of any person take bail by recognisance conditioned for the appearance of an accused person before the Magistrate's Court, on a day and at a place to be mentioned in such recognisance, whether the accused person was arrested under a warrant endorsed for bail as provided by section 29 of the Criminal Procedure Act, 1965 or without warrant on a charge of having committed any offence under this Act. (2) A recognisance so taken shall be of full and equal obligation on the parties entering into the same, and liable to all proceedings for the forfeiture and levy of recognisances provided for by section 129 of the Criminal Procedure Act, 1965. (3) Any police officer or constable referred to in subsection (1) shall enter in a book, kept for that purpose in every Police Station, the name, residence and occupation of the person entering into recognisance, and of his surety or sureties, if any, with the condition of the recognisance, and the sums deposited or acknowledged. (4) Any book referred to in subsection (3) shall be laid before the Magistrate present at the time when and place where the recognisor is required to appear, and such Magistrate may enlarge the recognisance to such further time as he may appoint. [Margin: Accessories and abettors.]