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Section 23 - International Financial Services Centres Authority Act, 2019
23. Delegation of powers.-
(1) The Authority may, by general or special order in writing, delegate to any Member or officer of the Authority subject to such conditions, if any, as may be specified in the order, such of its powers and functions under this Act (except the powers under section 28) as it may deem necessary.
(2) The Authority may, by a general or special order in writing, also form committees of the Members and delegate to them the powers and functions of the Authority, as may be specified by regulations.
Related Sections
- Section 7: Removal of Member from office
- Section 19: Returns and reports
- Section 13: Powers of Authority in relation to financial products, financial services and financial institutions
- Section 31: Power to modify provisions of other enactments in relation to International Financial Services Centres
- Section 25: Protection of action taken in good faith
Related Acts
* Only for reference.