1. Short title, extent and commencement
(1)
This Act may be called the Factoring Regulation Act, 2011.
(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:
Provided that different dates may be appointed for different provisions of this Act, and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision.
Amendment notes (2)
- 2nd April, 2012 (Ss. 19, 20, 21, 32), vide notification No. S.O. 711(E), dated 2nd April, 2012, see Gazette of India, Extraordinary, Part II, sec. 3 (ii).
- 1st February, 2012 (expect ss. 19, 20, 21 and 32), vide notification No. S.O. 1399(E), dated 21st June, 2012, see Gazette of India, Extraordinary, Part II, sec. 3(ii).