54. (1) If at any time the President is satisfied that circumstances exist which render it necessary for him to take immediate action for maintaining the peace, order and good government of the State, or for enabling him satisfactorily to discharge his functions under this Act, he may, in consultation with the Council of Ministers, promulgate such ordinances as the circumstances appear to him to require.
(2) An ordinance promulgated under this section shall have the same force and effect as an Act of the Federal Legislature assented to by the President, but every such ordinance shall be laid before the Federal Legislature and shall cease to operate if resolutions disapproving it are passed by both Chambers, upon the passing of the second of those resolutions.
(3) An ordinance not disapproved by both Chambers shall continue in operation for such period not exceeding six months as may be specified therein but may by a subsequent ordinance be extended for a further period not exceeding six months. An ordinance not so disapproved or so continued shall have the same force and effect as an Act of the Federal Legislature assented to by the President.
(4) If anal so far as as ordinance under this section makes any provision which the Federal Legislature would not under this Act be competent to enact, it shall be void.