The Bilateral Netting of Qualified Financial Contracts Act, 2020

[Act No. 30 of 2020]

[28th September, 2020.]

Contents
Title	The Bilateral Netting of Qualified Financial Contracts Act, 2020
Sections	Particulars
Chapter I	Preliminary
1	Short title and commencement
2	Definitions
Chapter II	Application of Act
3	Applicability of Act
4	Powers of authority
5	Enforceability of netting
Chapter III	Invocation of Close-out Netting
6	Invocation of close-out netting
7	Net amount
Chapter IV	Limitations on Powers of Administration Practitioner
8	Limitations on powers of administration practitioner
Chapter V	Miscellaneous
9	Power to amend Schedules
10	Provisions of this Act to override other laws
11	Power to remove difficulties
The Schedules
Schedule I	[See Sections 2(1) (C), (P) and 9(1)]
Schedule II	[See Sections 6(4) and 9(1)]