The National Housing Bank Act

Definition of deposit

Chapter not to apply in certain cases

Requirement of registration and net owned fund

Maintenance of percentage of assets

Reserve fund

Reserve Bank to regulate or prohibit issue of prospectus or advertisement soliciting deposits of mone

Power of Reserve Bank to determine policy and issue directions

Power of National Housing Bank to collect information from housing finance institutions as to deposits

Duty of housing finance institutions to furnish statements, etc., under this Chapte

Powers and duties of auditors

Power of Reserve Bank to prohibit acceptance of deposit and alienation of assets

Power of National Housing Bank to file winding up petition

Inspection

Deposits not to be solicited by unauthorised persons

Disclosure of information

Power of Reserve Bank to exempt housing finance institutio

Chapter V to override other laws

Power to order repayment of deposit

Nomination by depositors


PROVISIONS RELATING TO HOUSING FINANCE INSTITUTIONS RECEIVING DEPOSITS


The provisions of this Chapter shall have effect
notwithstanding anything inconsistent therewith contained in any other law for the time being in force
or any instrument having effect by virtue of any such law. 

LAWGIST

# 36 Chapter V to override other laws