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TypeBare Act JurisdictionCentral Government

Payment and Settlement Systems Act 2007 Section 16

Power to Carry out Audit and Inspection

~1 min read
https://sooperkanoon.com/act/27665

Bare act section · Research

About this section

Payment and Settlement Systems Act 2007 Section 16 is part of Payment and Settlement Systems Act 2007 - Power to Carry out Audit and Inspection. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Section Text

The Reserve Bank may, for the purpose of carrying out its functions under this Act, conduct or get conducted audits and inspections of a payment system or participants thereof and it shall be the duty of the system provider and the system participants to assist the Reserve Bank to carry out such audit or inspection, as the case may be.

Frequently asked questions

What does Payment and Settlement Systems Act 2007 Section 16 provide?

Section Section 16 of the Payment and Settlement Systems Act 2007 (Power to Carry out Audit and Inspection) is reproduced on this page as part of the Payment and Settlement Systems Act 2007. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Payment and Settlement Systems Act 2007 Section 16?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Payment and Settlement Systems Act 2007 Section 16. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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