This notification, S.O. 1383(E) and S.O. 1384(E), issued by the Ministry of Finance, Department of Economic Affairs, formally establishes the International Financial Services Centres Authority (IFSCA) and brings key sections of the International Financial Services Centres Authority Act, 2019 (Act 50 of 2019) into force. Both notifications are dated April 27, 2020. S.O. 1383(E) specifically appoints April 27, 2020, as the date of establishment for the IFSCA, with its head office located in Gandhinagar, Gujarat. S.O. 1384(E) brings the following sections of the IFSCA Act, 2019 into force on the same date: Sections 1 to 11 (inclusive), 14, 15, 16, 27, 29, 30 and 34. The notifications were issued under the authority of the Central Government, as empowered by subsections (1) and (3) of section 4 and subsection (2) of section 1 of the International Financial Services Centres Authority Act, 2019, respectively. The issuing authority is Anand Mohan Bajaj, Joint Secretary. The F. No. is 372020-EM.
Key Entities Referenced
Ministry of Finance: The Indian government ministry responsible for economic and financial matters.
Department of Economic Affairs: A department within the Ministry of Finance.
International Financial Services Centres Authority Act, 2019: An act of the Indian Parliament related to the establishment and regulation of International Financial Services Centres in India.
International Financial Services Centres Authority: The authority established under the International Financial Services Centres Authority Act, 2019.
Gandhinagar, Gujarat: The location of the head office of the International Financial Services Centres Authority.
Anand Mohan Bajaj: Joint Secretary in the Ministry of Finance.
New Delhi: Location of policy notification, Union Territory of Delhi
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
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सी.जी.-डी.एलxx.x-GअI.D-E2x7x0x 42020-219201
CG-DL-E-27042020-219201
असाधारण
EXTRAORDINARY
भाग II—खण्ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 1236] नई ददल्ली, सोमिार, अप्रलै 27, 2020/ििै ाख 7, 1942
No. 1236] NEW DELHI, MONDAY, APRIL 27, 2020/VAISAKHA 7, 1942
जित्त मत्रं ालय
(आर्थथक काय यजिभाग)
अजधसचू ना
नई ददल् ली, 27 अप्रैल, 2020
का.आ. 1383 (अ).—केन्द्रीय सरकार, अंतरराष्ट्रीय जित्तीय सेिा केन्द्र प्राजधकरण अजधजनयम, 2019 (2019 का 50)
की धारा 4 की उपधारा (1) और उपधारा (3) द्वारा प्रदत्त िजियों का प्रयोग करते हुए, 27 अप्रैल, 2020 को, अंतरराष्ट्रीय
जित्तीय सेिा केन्द्र प्राजधकरण की स्ट्थापना की तारीख के रूप में जनयत करती ह ै और उस प्राजधकरण का मुख्यालय गांधीनगर,
गुिरात में होगा ।
[फा.सं. 3/7/2020-ईएम]
आनंद मोहन बिाि, संयुि सजचि
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 27th April, 2020
S.O.1383 (E).— In exercise of the powers conferred by sub-sections (1) and (3) of section 4 of the
International Financial Services Centres Authority Act, 2019 (50 of 2019), the Central Government hereby
appoints the 27th of April, 2020 as the date of the establishment of the International Financial Services Centres
Authority and the head office of that Authority shall be at Gandhinagar, Gujarat.
[F. No. 3/7/2020-EM]
ANAND MOHAN BAJAJ, Jt. Secy.
1892 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
अजधसचू ना
नई ददल् ली, 27 अप्रैल, 2020
का.आ. 1384 (अ).—केन्द्रीय सरकार, अंतरराष्ट्रीय जित्तीय सेिा केन्द्र प्राजधकरण अजधजनयम, 2019 (2019 का 50)
की धारा 1 की उपधारा (2) द्वारा प्रदत्त िजियों का प्रयोग करते हुए, 27 अप्रैल, 2020 को उस तारीख के रूप में जनयत करती है
जिसको उि अजधजनयम के जनम्नजलजखत उपबंध प्रिृत्त होंगे, अथायत्:--
क्र.स.ं धारा
1. धारा 1 से 11 तक को जमलाकर
2. धारा 14
3. धारा 15
4. धारा 16
5. धारा 27
6. धारा 29
7. धारा 30
8. धारा 34
[फा.सं. 3/7/2020-ईएम]
आनदं मोहन बिाि, संयुक् त सजचि
NOTIFICATION
New Delhi, the 27th April, 2020
S.O. 1384(E).— In exercise of the powers conferred by sub-section (2) of section 1 of the International
Financial Services Centres Authority Act, 2019 (50 of 2019), the Central Government hereby appoints the
27th of April, 2020 as the date on which the following provisions of the said Act shall come into force, namely:-
Sl. No. Sections
1. Section 1 to 11 both inclusive.
2. Section 14
3. Section 15
4. Section 16
5. Section 27
6. Section 29
7. Section 30
8. Section 34
[F. No. 3/7/2020-EM]
ANAND MOHAN BAJAJ, Jt. Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.