PART VII
AMENDMENTS TO THE NATIONAL HOUSING BANK ACT, 1987
Commencement of this Part.
151. The provisions of this Part shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.
Notes on Clauses:
Clauses 151 to 171 of the Bill seek to amend the National Housing Bank Act, 1987.
It is proposed to transfer regulation of such housing finance institutions from the National Housing Bank to the Reserve Bank of India and for the said purpose, it is proposed to amend certain provisions of the said Act.