Section 4, Central Provinces Financial Commissioner’s Act, 1908 [S15-Y88]
As at 6 September 2026. In force from 1 November 1908 by S.O. 1260(E) [N11-DK1].
4. Registration of financials institution.—(1) Every financial institution shall, within seven days from the commencement of this Act or, where such person begins the business of a financial institution after such commencement, within seven days from the date of such beginning, make an application for registration to the Reserve Bank in Form B, accompanied by a fee of two thousand rupees. (2) The Reserve Bank shall, on being satisfied that the application is in order, register the applicant and issue a certificate of registration in such form as may be prescribed. (3) No financial institution shall carry on the business of a financial institution unless registered under this section.
Defined terms in this text (2)
financial institution: Section 2, Central Provinces Financial Commissioner’s Act, 1908 [S15Y6M] (In this Act, unless the context otherwise requires,—): "financial institution" means a financial institution as defined in clause (c) of section 45-I of the Reserve Bank of India Act, 1934 (2 of 1934)
financial institution: 25 more definitions.
Reserve Bank: Section 2, Central Provinces Financial Commissioner’s Act, 1908 [S15Y6M] (In this Act, unless the context otherwise requires,—): "Reserve Bank" means the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act, 1934 (2 of 1934)
Reserve Bank: 24 more definitions.
Made under this section, or naming it (3)
Circular of the Department of Financial Services dated 30th March, 1917 on section 4 of the Central Provinces Financial Commissioner’s Act, 1908 [C10-9YH], 30 March 1917, in force. The text contains "section 4 of the Central Provinces Financial Commissioner’s Act, 1908 (13 of 1908)".
Notification S.O. 501(E), dated 9th October, 1915 [N11-E46], 9 October 1915, in force. The text contains "section 4 of the said Act".
Notification S.O. 1390(E), dated 4th March, 1910 [N11-DQ9], 4 March 1910, in force. The text contains "section 4 of the said Act".
Cited by (3)
Section 33, Central Provinces Financial Commissioner’s Act, 1908 [S15-Z5P], 17 June 1908, Band A. "section 4".
Section 38, Central Provinces Financial Commissioner’s Act, 1908 [S15-ZA8], 17 June 1908, Band A. "section 4".
Rule 3, Central Provinces Financial Commissioner’s Act Rules, 1908 [S15-ZPN], 1 November 1908, Band A. "sub-section (1) of section 4 of the Act".
Not held (0)
none
Duties published under this section (1)
D10-9HA. Every financial institution: Apply for registration to the Reserve Bank in Form B, fee two thousand rupees; seven days from the commencement of the Act, or from beginning the activity; Form B. Published by Department of Financial Services, Ministry of Finance (synthetic record).