INDIA CODE
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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].

Dates: made 11 September 1914; in force 21 November 1914; 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: Local Authorities Loans Act, 1914, Act 9 of 1914 [A10-81G]. Machine: A10-81G.

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"