Substitution of section 35B.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ncipal Act, the following section shall be substituted, namely:- Power of Reserve Bank to exempt housing finance institution. "35B. (1) The Reserve Bank, on being satisfied that it is necessary so .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... be laid, as soon as may be after it is made, before each House of Parliament.". - Clause 166 of the Bill seeks to substitute section 35B of the said Act relating to power of Reserve Bank to exempt .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X