(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.
Footnotes in the official text
- 1.Subs. by s. 11, ibid., for “Companies” (w.e.f. 1-3-1966).
- 2.Subs. by Act 20 of 1950, s. 2, for sub-section (2) (w.e.f. 18-3-1950).
- 3.The words “except the State of Jammu and Kashmir” omitted by Act 62 of 1956, s. 2 and Sch. (w.e.f. 1-11-1956).
- 4.16th March, 1949, see Notifn. No. F. 4 (46)-FI/49, dated the 10th March, 1949, Gazette of India, 1949, Part I.