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Payment and Settlement Systems Act 2007 Section 37 - Bare Act

State

Central Government

Year

Section Title

Power of Reserve Bank to Make Regulations

Act Info:



(1) If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order published in the Official Gazette, make such provision is not inconsistent with the provisions of this Act as appear to it to be necessary or expedient for removing the difficulty:

Provided that no order shall be made under this section after the expiry of a period of two years from the commencement of this Act.

(2) Every order made under this section shall be laid, as soon as may be after it is made, before each House of Parliament.




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