International Financial Services Centres Authority Act, 2019

§ 1 Short title and commencement

§ 2 Application

§ 3 Definitions

§ 4 Establishment and incorporation of Authority

§ 5 Composition of Authority

§ 6 Terms of office and conditions of service of Chairperson and other Members

§ 7 Removal of Member from office

§ 8 Meetings of Authority

§ 9 Vacancies, etc., not to invalidate proceedings of Authority

§ 10 Administrative powers of Chairperson

§ 11 Officers and other employees of Authority

§ 12 Functions of Authority

§ 13 Powers of Authority in relation to financial products, financial services and financial institutions

§ 14 Grants by Central Government

§ 15 Fund of Authority

§ 16 Accounts and audit

§ 17 Performance Review Committee

§ 18 Maintenance of website

§ 19 Returns and reports

§ 20 Transactions in foreign currency

§ 21 Power to issue directions

§ 22 Power of Central Government to supersede Authority

§ 23 Delegation of powers

§ 24 Members, officers and employees of the Authority to be public servants

§ 25 Protection of action taken in good faith

§ 26 Exemption from tax

§ 27 Power to make rules

§ 28 Power to make regulations

§ 29 Rules and regulations to be laid before Parliament

§ 30 Overriding effect

§ 31 Power to modify provisions of other enactments in relation to International Financial Services Centres

§ 32 Power to remove difficulties

§ 33 Amendment to certain enactments

§ 34 Savings