Section 54A: Delegation of powers.

The Reserve Bank of India Act, 1934Central Act · Act 2 of 1934

[54A. Delegation of powers.--(1) The Governor may, by general or special order, delegate to a Deputy Governor, subjects to such conditions and limitations, if any, as may be specified in the order, such of the powers and functions exercisable by him *** under this Act or under any other law for the time being in force as he may deem necessary for the efficient administration of the functions of the Bank.

(2) The fact that a Deputy Governor exercises any power or does any act or thing in pursuance of this Act shall be conclusive proof of his authority to do so.]

Where this provision sits

Act	The Reserve Bank of India Act, 1934
Section	54A
Marginal note	Delegation of powers.
Jurisdiction	Central
Status	In force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

inserted, Act 24 of 1955. . Ins. by Act 24 of 1955, s. 10 (w.e.f. 8-5-1955).
omitted, Act 58 of 1960. . The words “by or” omitted by Act 58 of 1960, s. 3 and the Second Schedule (w.e.f. 26-12-1960).

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

Search 49,000+ Central and State enactments by what a provision says, not by its number
Jump from any section to every judgment that has applied it
Search 300 million+ Indian court records alongside the statute
Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? The Reserve Bank of India Act, 1934 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.