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The Payment and Settlement Systems Act

# 19    Directions of Reserve Bank to be complied with

Every person to whom a direction has been issued by the Reserve Bank under this Act shall comply with such direction without any delay and a report of compliance shall be furnished to the Reserve Bank within the time allowed by it.

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REGULATION AND SUPERVISION BY THE RESERVE BANK
  • 15
     Information, etc., to be confidential
  • 16
     Power to carry out audit and inspection
  • 17
     Power to issue directions
  • 18
     Power of Reserve Bank to give directions generally
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