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Provisions relating to powers of IFSC authority regarding Section 13, and Section 33 are effective from 01.10.2020

September 30, 2020
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The Government has appointed October 01, 2020 as the date on which the provisions of the Section 13 and section 33 of the International Financial Services Centres Authority Act, 2019 shall come into force. Section relates to Powers of Authority in relation to financial products, financial services and financial institutions and section 33 relates to the Amendment to certain enactments such as RBI Act, 1934, the Insurance Act, 1938, the Banking Regulation Act , 1949 etc.
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