Central Act

120B

Section 120B. Application of Banking Regulation Act, 1949.

The Multi-State Co-operative Societies Act, 2002

In forceAll India (Central Act)

1[120B. Application of Banking Regulation Act, 1949.--The provisions of this Act shall apply to a multi-State co-operative society in respect of matters relating to incorporation, regulation and winding up: Provided that in case of a multi-State co-operative society carrying on the business of banking, the provisions of the Banking Regulation Act, 1949 (10 of 1949) shall also apply.]