D M AND COMPANY
  
CHARTERED ACCOUNTANTS  
 
 
 
    E-mail     Client Login    Admin Login    
 Quick Link
 Home
 Services
 About Us
 Contact Us
  Ask a Query
 

 

 FOREIGN EXCHANGE REGULATION ACT, 1973

74. Delegation

The Reserve Bank may, with the previous approval of the Central Government, by order, delegate any of its powers or functions -(i) under section 8,9 or 10 or sub-clause (b) of clause (A) of sub-section (2) of section 18 or sub-section (7) of section 18 to any authorised dealer; or

(ii) under section 8 or 9 to any money-changer, subject to such restrictions, conditions and limitations as may be specified in the order.

 

Total Visitors: 614120. Copyrights © D M AND COMPANY All Rights Reserved
Design and Development by Aem SOolutions