Section 1. Short title, extent and commencement

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Act: Banning of Unregulated Deposit Schemes Act, 2019
Section number: 1

Section reader

Chapter I

Preliminary

1. Short title, extent and commencement.-

(1) This Act may be called the Banning of Unregulated Deposit Schemes Act, 2019.

(2) It extends to the whole of India except the State of Jammu and Kashmir *.

(3) It shall be deemed to have come into force on the 21st day of February, 2019