21.
Central Registrar.- (1) The Central
Government may, by notification, appoint a person
for the purpose of registration of transactions
relating to securitisation, reconstruction of
financial assets and security interest created
over properties, to be known as the Central
Registrar.
(2) The Central Government
may appoint such other officers with such designations
as it thinks fit for the purpose of discharging
under the superintendence and direction of the
Central Registrar, such functions of the Central
Registrar under this Act as he may, from time
to time, authorise them to discharge.
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