LawgistThe State Financial Corporations Act
43ADelegation of powers
1[43A. Delegation of powers.--The Board may, by general or special order, delegate to the managing director or to any other officer of the Financial Corporation 2[or to any committee appointed under section 21] subject to such conditions and limitations, if any, as may be specified in the order such of its powers and duties under this Act as it may deem necessary.]
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1. Ins. by s. 23, ibid. (w.e.f. 16-4-1962).
2. Ins. by Act 43 of 1985, s. 27 (w.e.f. 21-8-1985).
MISCELLANEOUS
- 39 Power to give instructions to Financial Corporation on questions of policy
- 40 Declaration of fidelity and secrecy
- 41 Indemnity of directors
- 41A Protection of action taken by persons appointed under section 27 or section 32A
- 41B Nomination in respect of deposits, bonds, etc
- 42 Offences
- 43 Provisions relating to income-tax and super-tax
- 43A Delegation of powers
- 43B Reports to the Board
- 44 Act 18 of 1891 to apply to the books of the Financial Corporation
- 45 Liquidation of Financial Corporation
- 46 Power to apply Act to certain financial institutions in existence at commencement of Act
- 46A Extension of jurisdiction of the Financial Corporation to other States by agreement
- 46B Effect of Act on other laws
- 47 Omitted
- 48 Power of Board to make regulations
- 48A Laying of rules and regulations before State Legislature
- 48B Power to make rules
- 49 Power to remove difficulty
