Section 10, Bilateral Netting Qualified Financial Contracts Act, 2020 [S29-VCE]

As at 7 September 2026. In force from 16 March 2020.

In Bilateral Netting Qualified Financial Contracts Act, 2020 [A11-Q77]. This text from 16 March 2020. 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, Bilateral Netting Qualified Financial Contracts Act, 2020 [S29-VCE]. Machine: S29-VCE.

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. 466(E), dated 27th January, 2025 [N12-P89], 27 January 2025, in force. Recital: "In exercise of the powers conferred by section 10 of the Bilateral Netting Qualified Financial Contracts Act, 2020 (30 of 2020), the Central Government, being satisfied that it is necessary in the public interest so to do"

Notification S.O. 1860(E), dated 20th March, 2023 [N12-N1Q], 20 March 2023, in force. Recital: "In exercise of the powers conferred by section 10 of the Bilateral Netting Qualified Financial Contracts Act, 2020 (30 of 2020), the Central Government, being satisfied that it is necessary in the public interest so to do"

Notification S.O. 1380(E), dated 6th April, 2022 [N12-MHP], 6 April 2022, in force. Recital: "In exercise of the powers conferred by section 10 of the Bilateral Netting Qualified Financial Contracts Act, 2020 (30 of 2020), 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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