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Section 9 - Banning of Unregulated Deposit Schemes Act, 2019
Chapter IV
Information on Deposit Takers
9. Central database.-
(1) The Central Government may designate an authority, whether existing or to be constituted, which shall create, maintain and operate an online database for information on deposit takers operating in India.
(2) The authority designated under sub-section (1) may require any Regulator or the Competent Authority to share such information on deposit takers, as may be prescribed.
Related Sections
- Section 32: Application of Code of Criminal Procedure, 1973 to proceedings before Designated Court
- Section 26: Punishment for contravention of section 10
- Section 31: Power to enter, search and seize without warran
- Section 40: Power to amend First Schedule
- Section 4: Fraudulent default in Regulated Deposit Schemes
Related Acts
* Only for reference.