The Chit Funds Act
84Power to delegate
The State Government may, by notification in the Official Gazette, direct that any power (other than the power to hear appeals or to make rules) exercisable by it under this Act or the rules made thereunder may be exercised also by any officer of the State Government subject to such terms and conditions, if any, as may be specified therein.
STATE AMENDMENTS
[Karnataka
Amendment of section 84.--In section 84 of the principal Act, the words “to hear appeals or” shall be omitted.
[Vide Karnataka Act 2 of 2008, s. 3.]
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MISCELLANEOUS
- 73 Advisory role of Reserve Bank
- 74 Appeals
- 75 Powers of Registrar to give extension of time for filing documents
- 76 Penalties
- 77 Penalty for second and subsequent convictions
- 78 Application of fine
- 79 Offences by companies
- 80 Cognizance of offences
- 81 Power to compound offences
- 82 Power to enter and search any place and to seize any documents
- 83 Officers to be public servants
- 84 Power to delegate
- 85 Act not to apply to certain chits
- 86 Banks not to conduct chit business
- 87 Power to exempt
- 88 Protection of action taken under the Act
- 89 Power to make rules
- 90 Repeal and saving