Section 10, Fiscal Responsibility and Budget Management Act, 2003 [S21-E26]

As at 7 September 2026. In force from 5 August 2003.

In Fiscal Responsibility and Budget Management Act, 2003 [A11-8JV]. This text from 5 August 2003. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 10, Fiscal Responsibility and Budget Management Act, 2003 [S21-E26]. Machine: S21-E26.

10. Power to exempt.—The Central Government may, if it is satisfied that it is necessary in the public interest so to do, by notification, exempt any class of secureds creditor from all or any of the provisions of this Act, subject to such conditions, if any, as may be specified in the notification.

Defined terms in this text (0)

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Made under this section, or naming it (3)

Notification S.O. 1606(E), dated 9th September, 2004 [N12-BZS], 9 September 2004, in force. Recital: "In exercise of the powers conferred by section 10 of the Fiscal Responsibility and Budget Management Act, 2003 (39 of 2003), the Central Government, being satisfied that it is necessary in the public interest so to do"

Notification S.O. 3099(E), dated 3rd April, 2011 [N12-F90], 3 April 2011, in force. Recital: "In exercise of the powers conferred by section 10 of the Fiscal Responsibility and Budget Management Act, 2003 (39 of 2003), the Central Government, being satisfied that it is necessary in the public interest so to do"

Notification S.O. 1003(E), dated 24th October, 2010 [N12-F4T], 24 October 2010, in force. Recital: "In exercise of the powers conferred by section 10 of the Fiscal Responsibility and Budget Management Act, 2003 (39 of 2003), the Central Government, being satisfied that it is necessary in the public interest so to do"

Cited by (0)

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Not held (0)

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Duties published under this section (0)

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