Title Year Number Subject
 
 
 
Table of ContentsContent
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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