Chapter V — MISCELLANEOUS

Section 43ADelegation of powers

Section 43A: Delegation of powers

43A. Delegation of powers

[43A. Delegation of powers.—The Board may, by general or special order, delegate to the managing director or to any other officer of the Financial Corporation [or to any committee appointed under section 21] subject to such conditions and limitations, if any, as may be specified in the order such of its powers and duties under this Act as it may deem necessary.]

Amendment notes (2)
  1. Ins w.e.f. 16-4-1962 . Ins. by s. 23, ibid. (w.e.f. 16-4-1962).
  2. Ins w.e.f. 21-8-1985 . Ins. by Act 43 of 1985, s. 27 (w.e.f. 21-8-1985).