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Section 29A: power to delegate

The Securities Contracts (Regulation) Act, 1956Central Act · Act 42 of 1956

[29A. power to delegate.--The Central Government may, by order published in the Official Gazette, direct that the powers (except the power under section 30) exercisable by it under any provision of this Act shall, in relation to such matters and subject to such conditions, if any, as may be specified in the order, be exercisable also by the Securities and Exchange Board of India or the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act, 1934 (2 of 1934).]

Where this provision sits

ActThe Securities Contracts (Regulation) Act, 1956
Section29A
Marginal notepower to delegate
JurisdictionCentral
StatusIn 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.

  • substituted, Act 31 of 1999. . Subs. by Act 31 of 1999, s. 9, for section 29A (w.e.f. 22-2-2000).

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