Section 23
Delegation of powers.
The International Financial Services Centres Authority Act, 2019
About this Act
An Act to provide for the establishment of an Authority to develop and regulate the financial services market in the International Financial Services Centres in India and for matters connected therewith or incidental thereto.
(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.
(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.