Section 45, Banning of Unregulated Deposit Schemes Act, 2019 [S29-9GH]

As at 7 September 2026. In force from 4 June 2019.

In Banning of Unregulated Deposit Schemes Act, 2019 [A11-PAS]. This text from 4 June 2019. 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 45, Banning of Unregulated Deposit Schemes Act, 2019 [S29-9GH]. Machine: S29-9GH.

45. 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 (0)

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Cited by (1)

Schedule 2, Banning of Unregulated Deposit Schemes Act, 2019 [S29-85T], 4 June 2019, Band A. "section 45".

Not held (0)

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