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Section 21: Power to issue directions.

The International Financial Services Centres Authority Act, 2019Central Act · Act 50 of 2019

(1) Without prejudice to the foregoing provisions of this Act, the Authority shall, in exercise of its powers or the performance of its functions under this Act, be bound by such directions on questions of policy as the Central Government may give in writing to it from time to time:

Provided that the Authority shall, as far as practicable, be given an opportunity to express its views before any direction is given under this sub-section.

(2)The decision of the Central Government, whether a question is one of policy or not, shall be final.

Where this provision sits

ActThe International Financial Services Centres Authority Act, 2019
Section21
Marginal notePower to issue directions.
JurisdictionCentral
StatusIn force as published by the source

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