MINISTRY OF LAW AND JUSTICE
(Legislative Department)
New Delhi, the 20th December, 2019/Agrahayana 29, 1941 (Saka)
The following Act of Parliament received the assent of the President on the
19th December, 2019, and is hereby published for general information:—
THE INTERNATIONAL FINANCIAL SERVICES CENTRES
AUTHORITY ACT, 2019
NO. 50 OF 2019
[19th December, 2019.]
An Act to provide for the establishment of an Authority to develop and regulate
the financial services market in the International Financial Services Centres
in India and for matters connected therewith or incidental thereto.
BE it enacted by Parliament in the Seventieth Year of the Republic of India as follows:—
CHAPTER I
PRELIMINARY
1. (1) This Act may be called the International Financial Services Centres Authority
Act, 2019.
(2) It shall come into force on such date as the Central Government may, by notification
in the Official Gazette, appoint; and different dates may be appointed for different provisions of this Act, and any reference in any provision to the commencement of this Act shall be
construed as a reference to the coming into force of that provision
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