The provisions of this Act shall apply to a qualified financial contract entered into on a bilateral basis between qualified financial market participants, either under a netting agreement or otherwise, where at least one of such participants shall be an entity regulated by an authority specified in the First Schedule.
Section 3: Applicability of Act.
The Bilateral Netting of Qualified Financial Contracts Act, 2020Central Act · Act 30 of 2020
Where this provision sits
| Act | The Bilateral Netting of Qualified Financial Contracts Act, 2020 |
|---|---|
| Section | 3 |
| Marginal note | Applicability of Act. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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