Section 16
Delegation of powers.
The State Bank of Sikkim (Acquisition of Shares) and Miscellaneous Provisions Act, 1982
About this Act
An Act to provide, in the public interest, for the acquisition of certain shares of the State Bank of Sikkim for the purpose of better consolidation and extension of banking facilities in the State of Sikkim and for matters connected therewith or incidental thereto.
(1) The Central Government may, by notification, direct that all or any
of the powers exercisable by it under this Act, other than the powers conferred by sections 17 and 18, may
also be exercised by such person or persons as may be specified in the notification.
(2) Whenever any delegation of power is made under sub-section (1), the person to whom such power has been delegated shall act under the direction, control and supervision of the Central Government.
(2) Whenever any delegation of power is made under sub-section (1), the person to whom such power has been delegated shall act under the direction, control and supervision of the Central Government.