Reserve Bank’s powers to issue directions to authorised person

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..... ions made thereunder, give to the authorised persons any direction in regard to making of payment or the doing or desist from doing any act relating to foreign exchange or foreign security. (2) The Reserve Bank may, for the purpose of ensuring the compli ance with the provisions of this Act or of any rule, regulation, notification, direction or order made thereunder, direct any authorised person .....

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