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Section 43ACentral Act

Section 43A: Delegation of powers.

1[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 2[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.]

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

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