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Section 2, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 [S1M-9PV]

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 2, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 [S1M-9PV]. Machine: S1M-9PV.

2. Definitions.—In this Act, unless the context otherwise requires,— (a) "Board" means the Board constituted under section 3; (b) "member" means a member of the Board and includes the Chairperson; (c) "Chairperson" means the Chairperson of the Board appointed under section 4; (d) "prescribed" means prescribed by rules made under this Act; (e) "notification" means a notification published in the Official Gazette, and the expression "notified" shall be construed accordingly; (f) "prescribed" means prescribed by rules made under this Act.

Defined terms in this text (4)

Board: Section 2, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 [S1M9PV] (In this Act, unless the context otherwise requires,—): "Board" means the Board constituted under section 3

Board: 279 more definitions.

Chairperson: Section 2, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 [S1M9PV] (In this Act, unless the context otherwise requires,—): "Chairperson" means the Chairperson of the Board appointed under section 4

Chairperson: 189 more definitions.

member: Section 2, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 [S1M9PV] (In this Act, unless the context otherwise requires,—): "member" means a member of the Board and includes the Chairperson

member: 208 more definitions.

prescribed: Section 2, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 [S1M9PV] (In this Act, unless the context otherwise requires,—): "prescribed" means prescribed by rules made under this Act

prescribed: 996 more definitions.

Made under this section, or naming it (0)

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Cited by (0)

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Not held (0)

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Duties published under this section (0)

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Section 2, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 [S1M-9PV]