IFSC units exemption: rule 53 does not apply to regulated financial-service units, defined by IFSC statutory terms. Rule 53A exempts Units in an International Financial Service Centre from the application of rule 53 when those Units provide financial services regulated ... Summary
IFSC units exemption: rule 53 does not apply to regulated financial-service units, defined by IFSC statutory terms.
Rule 53A exempts Units in an International Financial Service Centre from the application of rule 53 when those Units provide financial services regulated under the IFSC statutory framework, with the exemption governed by the statutory definitions of "financial service" and "International Financial Service Centre."
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.