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Section 20 - International Financial Services Centres Authority Act, 2019
Chapter V
Foreign Exchange Transactions
20. Transactions in foreign currency.-
Every transaction of financial services in an International Financial Services Centre shall be in such foreign currency as may be specified by regulations in consultation with the Central Government.
Related Sections
- Section 31: Power to modify provisions of other enactments in relation to International Financial Services Centres
- Section 13: Powers of Authority in relation to financial products, financial services and financial institutions
- Section 8: Meetings of Authority
- Section 33: Amendment to certain enactments
- Section 21: Power to issue directions
Related Acts
* Only for reference.