Section 3 of The Banking Regulation Act | Act to apply to Co-Operative Societies in Certain Cases

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Here we will see Section 3 of The Banking Regulation Act.

Act to apply to cooperative societies in certain cases. Nothing in this Act shall apply to

(a) a primary agricultural credit society;

(b) a cooperative land mortgage bank; and

(c) any other cooperative society, except in the manner and to the extent specified in Part V.