Forward contracts regulation: national extent with phased commencement by Central Government notification enabling staggered implementation. The Forward Contracts (Regulation) Act declares its short title and territorial extent across India and provides that Chapter I is immediately in force ... Summary
Forward contracts regulation: national extent with phased commencement by Central Government notification enabling staggered implementation.
The Forward Contracts (Regulation) Act declares its short title and territorial extent across India and provides that Chapter I is immediately in force while remaining provisions shall come into force on such date or dates as the Central Government may appoint by notification in the Official Gazette, permitting different commencement dates for different provisions, States or areas, and for different goods or classes of goods.
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