Section 459 — Powers of Central Government of Tribunal to accord approval, etc., subject to conditions

and to prescribe fees on applications.—(1) Where the Central Government or the Tribunal is required or
authorised by any provision of this Act—
(a) to accord approval, sanction, consent, confirmation or recognition to, or in relation to, any
matter; or
(b) to give any direction in relation to any matter; or
(c) to grant any exemption in relation to any matter,
then, the Central Government or the Tribunal may in the absence of anything to the contrary contained in
that provision or any other provision of this Act, accord, give or grant such approval, sanction, consent,
confirmation, recognition, direction or exemption, subject to such conditions, limitations or restrictions as
it may think fit to impose and may, in the case of a contravention of any such condition, limitation or
restriction, rescind or withdraw such approval, sanction, consent, confirmation, recognition, dire ction or
exemption.
(2) Save as otherwise provided in this Act, every application which may be, or is required to be, made
to the Central Government or the Tribunal under any provision of this Act—
(a) in respect of any approval, sanction, consent, confirmation or recognition to be accorded by that
Government or the Tribunal to, or in relation to, any matter; or

1. The proviso omitted by Act 1 of 2018, s. 93 (w.e.f. 9-2-2018).

(b) in respect of any direction or exemption to be given or granted by that Government or the
Tribunal in relation to any matter; or
(c) in respect of any other matter,
shall be accompanied by such fees as may be prescribed: