Section 39: Adjudication.

The National Bank for Financing Infrastructure and Development Act, 2021Central Act · Act 17 of 2021

(1) The Board shall make regulations for setting up a mechanism for the purpose of determining the penalties specified under sub-section (5) of section 16 and sub-section (5) of section 19.

(2) The regulations shall provide for a reasonable opportunity of being heard to the director or an employee against whom a complaint is made for violating the provisions of section 16 or section 19, as the case may be, and a right to prefer an appeal against any order imposing the penalty.

Where this provision sits

Act	The National Bank for Financing Infrastructure and Development Act, 2021
Section	39
Marginal note	Adjudication.
Jurisdiction	Central
Status	In force as published by the source

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