Reserve Bank of India Act,1934
Act No : 2
Section : Short title, extent and commencement
1. Short title, extent and commencement.- (1) This Act may be called the Reserve Bank of India Act, 1934. 3*[(2) It extends to the whole of India 4***.] (3) This section shall come into force at once, and the remaining provisions of this Act shall come into force on such date or dates 5*
---------------------------------------------------------------------- 1. For the functioning of the Reserve Bank in or in relation to Burma, after the separation of that Country from India, see the India and Burma (Burma Monetary Arrangements) Order, 1937 (M. O. 1937). This Act has been extended to Goa, Daman and Diu by Reg. 6 of 1962 (w.e.f. 15-5-1962): to Dadra and Nagar Haveli (w.e.f. 1-7-1965) by Reg. 6 of 1963, 2 and Sch. I Sikkim vide Notification No. S. O. 208 (E), dated 16-5-1975, Extraordinary, Part II, sub-section (ii) of section 3. page 1213 and Lakhadweep vide Reg. 8 of 1965, s. 3 and Sch. (w.e.f. 1-10-1967). The Act came into force in the State of Sikkim vide Notification No. S.O. 547 (E), dated 13-8-1976 (w.e.f. 14-8-1976). 2. Subs. by the A.O. 1948, for "British India". 3. Subs. by the A.O. 1950, for the former sub-section. 4. 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). 5. Ss. 2 and 19, 47, 48, 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, see ibid., 1935, pt. I, p. 358. 8 as the 1*[Central Government] may, by notification in the Gazette of India, appoint.
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