Local Authorities Loans Act, 1914 [A10-81G]
As at 7 September 2026. In force from 21 November 1914 by S.O. 1558(E) [N11-DZS].
Sections (30)
Chapter I. PRELIMINARY
Chapter II. RESERVE BANK
Chapter III. OFFENCES AND PENALTIES
Chapter IV. MISCELLANEOUS
Section 1. Short title, extent and commencement [S16-CEY]
Section 2. Definitions [S16-CFW]
Section 3. Appointment of Reserve Bank [S16-CG7]
Section 4. Registration of financials institution [S16-CH5]
Section 5. Prohibition of the enforcement of security interest without licence [S16-CJ3]
Section 6. Grant of licence [S16-CK1]
Section 7. Maintenance of records and furnishing of returns [S16-CMF]
Section 8. Powers of authorised officer [S16-CND]
Section 9. Power to issue directions [S16-CPB]
Section 10. Power to exempt [S16-CQ9]
Section 11. Registration of bankings company [S16-CRQ]
Section 12. Prohibition of the borrowing of money without licence [S16-CSN]
Section 13. Grant of licence [S16-CTK]
Section 14. Maintenance of records and furnishing of returns [S16-CVH]
Section 15. Powers of authorised officer [S16-CWZ]
Section 16. Power to issue directions [S16-CXX]
Section 17. Power to exempt [S16-CYV]
Section 18. Registration of depositors [S16-CZS]
Section 19. Prohibition of the business of a financial institution without licence [S16-D06]
Section 20. Grant of licence [S16-D14]
Section 21. Maintenance of records and furnishing of returns [S16-D22]
Section 22. Powers of authorised officer [S16-D30]
Section 23. Power to issue directions [S16-D4E]
Section 24. Penalty for contravention [S16-D5C]
Section 25. Offences by companies [S16-D6A]
Section 26. Appeal [S16-D78]
Section 27. Cognizance of offences [S16-D8P]
Section 28. Protection of action taken in good faith [S16-D9M]
Section 29. Power to make rules [S16-DAJ]
Section 30. Power to remove difficulties [S16-DBG]
Made under
No recital of a power is printed.
Acts on (0)
none
Acted on by (1)
Commences: Notification S.O. 1558(E), dated 13th November, 1914 [N11-DZS], 21 November 1914. "shall come into force".
Not held (1)
"section 3 of the Reserve Bank of India Act, 1934"