Section 10, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 [S1M-9YB]

As at 7 September 2026. In force from 7 October 1970.

In Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 [A10-N9V]. This text from 7 October 1970. No other text held.

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

Cite: Section 10, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 [S1M-9YB]. Machine: S1M-9YB.

10. Power to exempt.—The Central Government may, if it is satisfied that it is necessary in the public interest so to do, by notification, exempt any class of bodies corporate from all or any of the provisions of this Act, subject to such conditions, if any, as may be specified in the notification.

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Made under this section, or naming it (1)

Notification S.O. 2431(E), dated 16th April, 1972 [N11-WRS], 16 April 1972, in force. Recital: "In exercise of the powers conferred by section 10 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), the Central Government, being satisfied that it is necessary in the public interest so to do"

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Not held (0)

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Duties published under this section (0)

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