The Chit Funds Act, 1982 · I — PRELIMINARY

Section 1. Short title, extent and commencement

In force · As amended up to 2026-08

CHAPTER I PRELIMINARY 1. Short title, extent and commencement. —(1) This Act may be called the Chit Funds Act, 1982. (2) It extends to the whole of India[1] *. (3) It shall come into force on such date[2] as the Central Government may, by notification in the Official Gazette, appoint, and different dates may be appointed for different States.

Source: India Code

How this section changed

  1. omitted by Act 41 of 2019, s. 2

    In force from 1 Jan 2020

    Footnote: 4. Clause (d) omitted by s. 2, ibid . (w.e.f. 1-1-2020).

  2. inserted by Act 41 of 2019, s. 2

    In force from 1 Jan 2020

    Footnote: 6. Ins. by s. 2, ibid., (w.e.f. 1-1-2020).