Quick Navigation
Section 3 - Bilateral Netting of Qualified Financial Contracts Act, 2020
Chapter II
Application of Act
3. Applicability of Act.-
The provisions of this Act shall apply to a qualified financial contract entered into on a bilateral basis between qualified financial market participants, either under a netting agreement or otherwise, where at least one of such participants shall be an entity regulated by an authority specified in the First Schedule.
Related Sections
Related Acts
- National Commission for Allied and Healthcare Professions Act, 2021
- Goods and Services Tax (Compensation to States) Amendment Act, 2018
- Dadra and Nagar Haveli and Daman and Diu (Merger of Union Territories) Act, 2019
- Central Goods and Services Tax (Extension to Jammu and Kashmir) Act, 2017
- Personal Laws (Amendment) Act, 2019
* Only for reference.