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    Question

    “Intermediaries shall observe due diligence while

    discharging their duties and shall also follow such guidelines as the Central Government may prescribe.” This refers to: 
    A Section 72 Correct Answer Incorrect Answer
    B Section 43A Correct Answer Incorrect Answer
    C Section 79(2) Correct Answer Incorrect Answer
    D Section 66D Correct Answer Incorrect Answer
    E Section 75 Correct Answer Incorrect Answer

    Solution

    Section 79(2) sets the conditions under which intermediaries enjoy safe-harbour protection, including due diligence obligations.

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