Act Number: 50

Act Name: The International Financial Services Centres Authority Act, 2019

Year: 2019

Enactment Date: 2019-12-19

Long Title: 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.

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 24: Members, officers and employees of the Authority to be public servants.
    The Members, officers and employees of the Authority shall be deemed, when acting or purporting to act in pursuance of any of the provisions of this Act, to be public servants within the meaning of section 21 of the Indian PenalCode (45 of 1860).
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