Section 1 of The Banking Regulation Act, 1949 View Chapter 1

Short title, extent and commencement.


   (1)  This Act may be called the Banking 1[Regulation] Act, 1949.

   2[(2)  It extends to the whole of India 3***.]

   (3)  It shall come into force on such date4 as the Central Government may, by notification in the Official Gazette, appoint in this behalf.

1Subs. by s. 11, ibid., for "Companies" (w.e.f. 1-3-1966).

2Subs. by Act 20 of 1950, s. 2, for sub-section (2) (w.e.f. 18-3-1950).

3The 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).

416th March, 1949, see Notification No. F. 4 (46)-FI/49, dated the 10th March, 1949, Gazette of India, 1949, Part I.