Section 1 of The Reserve Bank of India Act, 1934 View Chapter 1

Short title, extent and commencement.

   (1)  This Act may be called the Reserve Bank of India Act, 1934.

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

   (3)  This section shall come into force at once, and the remaining provisions of this Act shall come into force on such date or dates3 as the 4 [Central Government] may, by notification in the Gazette of India, appoint.

1Subs. by the A.O. 1950, for sub-section (2).

2The 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).

3Sections 2 to 19, 47, 50 to 52, 55 to 58 and 61 were brought into force on 1st January, 1935,see Gazette of India, 1934, Pt. I, p. 1369, and the other sections on 1st April, 1935, seeibid., 1935, Pt. I, p. 538.

4Subs. by the M.O. 1937, for “G.G. in C”.