In force
The Bilateral Netting of Qualified Financial Contracts Act, 2020
12 sections · As amended up to 2026-08
Sections
- 0Section 0
- I — PRELIMINARY
- 1Short title and commencement
- 2Definitions
- II — APPLICATION OF ACT
- 3Applicability of Act
- 4Powers of authority
- 5Enforceability of netting
- III — INVOCATION OF CLOSE-OUT NETTING
- 6Invocation of close-out netting
- 7Net amount
- IV — LIMITATIONS ON POWERS OF ADMINISTRATION PRACTITIONER
- 8Limitations on powers of administration practitioner
- V — MISCELLANEOUS
- 9Power to amend Schedules
- 10Provisions of this Act to override other laws
- 11Power to remove difficulties