Question
The Central Government may pass orders to remove
difficulties under IFSCA Act within a period of ………….. from the commencement of this ActSolution
Power of Central Government · To make rules with respect to the composition and the manner of constitution of the Selection Committee, salaries, allowances and other terms and conditions of service of Members; other functions to be performed by the Authority; form in which accounts are to be maintained and annual statements, returns to be published etc · To modify provisions of other enactments in relation to International Financial Services Centres · To remove difficulties by passing orders . Such order cannot be passed after the expiry of 5 years from the commencement of this Act
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