அதிகாரப்பூர்வ மொழிபெயர்ப்புDepartment of Government Printing-இலிருந்து, மாற்றமின்றி
(1)
The Central Bank may issue rules, instructions and directions and may enter into any agreement with a clearing house or a participant of a designated clearing and settlement system, or both, in respect of the following matters :—
(a)
netting arrangements;
(b)
risk sharing and risk control mechanisms ;
(c)
certainty of settlement and finality of payment;
(d)
the nature of financial arrangements among participants ;
(e)
the operational systems and financial soundness of the clearing house; and
(f)
such other matters that in the view of the Monetary
Board pertain to a risk to the financial system.
(2)
The Minister may make regulations in respect of all or any of the matters specified in paragraphs (a) to (f) of subsection (1) and in the event of a conflict between any rule, instruction, direction or agreement and any regulations made in that behalf under this Act, such regulation shall prevail.