Regulatory exemption power for housing finance institutions allows specified chapter provisions to be disapplied by notification. The substituted section 35B authorises the Reserve Bank to notify that all or any provisions of the Chapter shall not apply to a housing finance institution (company) or a group of such institutions, generally or for a specified period, subject to conditions, limitations or restrictions; every such notification must be laid before each House of Parliament as soon as may be after it is made.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Regulatory exemption power for housing finance institutions allows specified chapter provisions to be disapplied by notification.
The substituted section 35B authorises the Reserve Bank to notify that all or any provisions of the Chapter shall not apply to a housing finance institution (company) or a group of such institutions, generally or for a specified period, subject to conditions, limitations or restrictions; every such notification must be laid before each House of Parliament as soon as may be after it is made.
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