INDIA CODE

The register holds dated texts. A date set here selects the text it holds for that day, on the pages that hold one.

Interest Act, 1978 [A10-S4M]

As at 7 September 2026. In force from 2 February 1979.

Dates: made 6 August 1978; in force 2 February 1979; ceased none recorded. Gazette: none recorded. Band A.

Synthetic. The words of this Act are generated by the register; its title, number and year are real.

Cite: Interest Act, 1978, Act 14 of 1978 [A10-S4M]. Machine: A10-S4M.

Sections (24)

Chapter I. PRELIMINARY

Chapter II. CONTROLLER

Chapter III. OFFENCES AND PENALTIES

Section 1. Short title, extent and commencement [S1Q-NPW]

Section 2. Definitions [S1Q-NQY]

Section 3. Appointment of Controller [S1Q-NR0]

Section 4. Registration of contractors [S1Q-NS2]

Section 5. Prohibition of the carrying on of business without licence [S1Q-NT4]

Section 6. Grant of licence [S1Q-NV6]

Section 7. Maintenance of records and furnishing of returns [S1Q-NW8]

Section 8. Powers of Secretary [S1Q-NXA]

Section 9. Power to issue directions [S1Q-NYC]

Section 10. Power to exempt [S1Q-NZE]

Section 11. Registration of licensees [S1Q-P0S]

Section 12. Prohibition of the running of an establishment without licence [S1Q-P1V]

Section 13. Grant of licence [S1Q-P2X]

Section 14. Maintenance of records and furnishing of returns [S1Q-P3Z]

Section 15. Powers of Secretary [S1Q-P4H]

Section 16. Power to issue directions [S1Q-P5K]

Section 17. Power to exempt [S1Q-P6N]

Section 18. Penalty for contravention [S1Q-P7Q]

Section 19. Offences by companies [S1Q-P89]

Section 20. Appeal [S1Q-P9B]

Section 21. Cognizance of offences [S1Q-PAD]

Section 22. Protection of action taken in good faith [S1Q-PBF]

Section 23. Power to make rules [S1Q-PC1]

Section 24. Power to remove difficulties [S1Q-PD3]

Made under

No recital of a power is printed.

Acts on (0)

none

Acted on by (8)

Amends: Interest Act (Amendment) Act, 1992 [A11-1RE], 28 July 1992. "section 20 of the Interest Act, 1978 (14 of 1978)".

Amends: Interest Act (Amendment) Act, 2001 [A11-7ME], 14 December 2001. "section 14 of the Interest Act, 1978 (14 of 1978)".

Amends: Interest Act (Amendment) Act, 2007 [A11-BF8], 10 February 2007. "section 18 of the Interest Act, 1978 (14 of 1978)".

Exempts: Notification S.O. 3848(E), dated 24th October, 1983 [N12-235], 24 October 1983. "section 4 of the said Act".

Commences: Notification S.O. 3280(E), dated 28th December, 1979 [N12-0BX], 22 January 1980. "shall come into force".

Commences: Notification S.O. 2564(E), dated 14th January, 1979 [N11-ZSQ], 2 February 1979. "shall come into force".

Exempts: Notification S.O. 2915(E), dated 16th October, 1981 [N12-171], 16 October 1981. "section 4 of the said Act".

Exempts: Notification S.O. 627(E), dated 24th September, 1981 [N12-163], 24 September 1981. "section 4 of the said Act".

Not held (0)

none

Interest Act, 1978 [A10-S4M]