The Payment and Settlement Systems Act
19Directions 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
- 10 Power to determine standards
- 11 Notice of change in the payment system
- 12 Power to call for returns, documents or other information
- 13 Access to information
- 14 Power to enter and inspect
- 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
- 19 Directions of Reserve Bank to be complied with