Question
Under which section of IFSCA Act 2019, IFSC Authority
make regulations for banking and investment activities in the IFSC?Solution
In exercise of the powers conferred by sub-section (1) of Section 28 read with sub-section (1) of Section 12 and sub-section (1) of Section 13 of the International Financial Services Centres Authority Act, 2019, the International Financial Services Centres Authority hereby makes the following regulations for banking and investment activities in the International Financial Services Centres
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