Law for the Information Technology Industry
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VIII IX X XI XII XIII
 SCHEDULES  1   2   3   4 


THE FOURTH SCHEDULE
(See section 94)
AMENDMENT TO THE RESERVE BANK OF INDIA ACT, 1934
(2 OF 1934)


In the Reserve Bank of IndiaAct, 1934, in section 58, in sub-section (2), after clause (p), the following clause shall be inserted, namely:—

"( pp) the regulation of fund transfer through electronic means between the banks or between the banks and other financial institutions referred to in clause (c) of section
45-1, including the laying down of the conditions subject to which banks and other financial institutions shall participate in such fund transfers, the manner of such fund
transfers and the rights and obligations of the participants in such fund transfers;".

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CHAPTERS :  I II III IV V VI VII VIII IX X XI XII XIII  
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