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

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

Act to apply to co–operative societies in certain cases.— Nothing in this Act shall apply to—

(a) a primary agricultural credit society;

(b) a co–operative land mortgage bank; and

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