Central Government delegation of powers allowed by notification, excluding rule-making, subject to conditions and parliamentary laying. The Central Government may, by notification and subject to specified conditions, limitations and restrictions, delegate any of its powers or functions under the Act to a named authority or officer, except the power to make rules. Each notification of delegation must be laid before each House of Parliament as soon as practicable. A former proviso allowing delegation of certain enforcement powers relating to forward dealing and insider trading to a securities regulator has been omitted.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Central Government delegation of powers allowed by notification, excluding rule-making, subject to conditions and parliamentary laying.
The Central Government may, by notification and subject to specified conditions, limitations and restrictions, delegate any of its powers or functions under the Act to a named authority or officer, except the power to make rules. Each notification of delegation must be laid before each House of Parliament as soon as practicable. A former proviso allowing delegation of certain enforcement powers relating to forward dealing and insider trading to a securities regulator has been omitted.
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