Under Section 8(2) of the Banning of Unregulated Deposit Schemes Act, 2019, jurisdiction in matters…
Section 8(2) reserves jurisdiction over matters assigned by this Act to the Designated Court. Section 19 provides a High Court appeal. This statutory allocation does not…
Choose your answer
Under Section 8(2) of the Banning of Unregulated Deposit Schemes Act, 2019, jurisdiction in matters under the Act lies:
Answer and explanation
Correct answer C
Section 8(2) reserves jurisdiction over matters assigned by this Act to the Designated Court. Section 19 provides a High Court appeal. This statutory allocation does not remove constitutional judicial review or by itself resolve the availability of a distinct remedy under another enactment.