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The Banking Regulation Act, 1949

Part I — PRELIMINARY

Section 1Short title, extent and commencement

Read in the full Act
Section 1: Short title, extent and commencement

1. Short title, extent and commencement

(1)

This Act may be called the Banking [Regulation] Act, 1949.

[(2) It extends to the whole of India ***.]

(3)

It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint in this behalf.

Amendment notes (4)
  1. Subs w.e.f. 1-3-1966 . Subs. by s. 11, ibid., for "Companies" (w.e.f. 1-3-1966).
  2. Subs w.e.f. 18-3-1950 . Subs. by Act 20 of 1950, s. 2, for sub-section (2) (w.e.f. 18-3-1950).
  3. omitted w.e.f. 1-11-1956 . The words "except the State of Jammu and Kashmir" omitted by Act 62 of 1956, s. 2 and the Schedule (w.e.f. 1-11-1956).
  4. . 16th March, 1949, see Notification No. F. 4 (46)-FI/49, dated the 10th March, 1949, Gazette of India, 1949, Part I.