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Table of Contents
Content
Preamble -
BILATERAL NETTING OF QUALIFIED FINANCIAL CONTRACTS ACT, 2020
Chapter I -
PRELIMINARY
Section 1 -
Short title and commencement
Section 2 -
Definitions
Chapter II -
APPLICATION OF ACT
Section 3 -
Applicability of Act
Section 4 -
Powers of authority
Section 5 -
Enforceability of netting
Chapter III -
INVOCATION OF CLOSE-OUT NETTING
Section 6 -
Invocation of close-out netting
Section 7 -
Net amount
Chapter IV -
LIMITATIONS ON POWERS OF ADMINISTRATION PRACTITIONER
Section 8 -
Limitations on powers of administration practitioner
Chapter V -
MISCELLANEOUS
Section 9 -
Power to amend Schedules
Section 10 -
Provisions of this Act to override other laws
Section 11 -
Power to remove difficulties
Schedule I -
FIRST SCHEDULE
Schedule II -
SECOND SCHEDULE
Statement of Objects and Reasons -
BILATERAL NETTING OF QUALIFIED FINANCIAL CONTRACTS ACT, 2020
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