Government Securities Act, 2006 [A11-B1M]

As at 7 September 2026. In force from 7 October 2006 by S.O. 383(E) [N12-CTF].

Dates: made 5 August 2006; in force 7 October 2006; 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: Government Securities Act, 2006, Act 38 of 2006 [A11-B1M]. Machine: A11-B1M.

Sections (21)

Chapter I. PRELIMINARY

Chapter II. RESERVE BANK

Chapter III. OFFENCES AND PENALTIES

Section 1. Short title, extent and commencement [S23-1GE]

Section 2. Definitions [S23-1HC]

Section 3. Appointment of Reserve Bank [S23-1JA]

Section 4. Registration of financials institution [S23-1K8]

Section 5. Prohibition of the enforcement of security interest without licence [S23-1M6]

Section 6. Grant of licence [S23-1N4]

Section 7. Maintenance of records and furnishing of returns [S23-1P2]

Section 8. Powers of authorised officer [S23-1Q0]

Section 9. Power to issue directions [S23-1RY]

Section 10. Power to exempt [S23-1SW]

Section 11. Registration of bankings company [S23-1TT]

Section 12. Prohibition of the borrowing of money without licence [S23-1VR]

Section 13. Grant of licence [S23-1WP]

Section 14. Maintenance of records and furnishing of returns [S23-1XM]

Section 15. Penalty for contravention [S23-1YJ]

Section 16. Offences by companies [S23-1ZG]

Section 17. Appeal [S23-207]

Section 18. Cognizance of offences [S23-215]

Section 19. Protection of action taken in good faith [S23-223]

Section 20. Power to make rules [S23-231]

Section 21. Power to remove difficulties [S23-24F]

Made under

No recital of a power is printed.

Acts on (0)

none

Acted on by (5)

Exempts: Notification S.O. 207(E), dated 9th December, 2006 [N12-CZ5], 9 December 2006. "section 4 of the said Act".

Amends: Government Securities Act (Amendment) Act, 2011 [A11-EWZ], 5 June 2011. "section 15 of the Government Securities Act, 2006 (38 of 2006)".

Exempts: Notification S.O. 733(E), dated 31st May, 2014 [N12-GDV], 31 May 2014. "section 4 of the said Act".

Commences: Notification S.O. 383(E), dated 2nd October, 2006 [N12-CTF], 7 October 2006. "shall come into force".

Exempts: Notification S.O. 1736(E), dated 6th August, 2007 [N12-D8A], 6 August 2007. "section 4 of the said Act".

Not held (1)

"section 3 of the Reserve Bank of India Act, 1934"