Laws and Bare Acts of India at

MyNation Foundation Online Law Library

Preamble – The Rehabilitation Finance Administration Act,1948

The Rehabilitation Finance Administration Act,1948


ACT No.12 OF 1948

[AS ON 1995]

[23rd March,1948.]


Credit facilities for the settlement of refugees in business and industry cannot adequately be granted by commercial banks and other financing like the proposed Industrial Finance Corporation. It is also impracticable for the State to give such accommodation direct as in the case of agriculturists, small shop-keepers, artisans and persons engaged in professions. This Bill therefore seeks to establish for this purpose a Rehabilitation Finance Administration which well be financed and controlled by the Central Government but will work as a semi-autonomous body in close collaboration with the Central and Provincial Governments and banks. Provision has also been made which will facilitate the granting of such financial assistance by normal banking channels.

An Act to establish the Rehabilitation Finance Administration

WHEREAS it is expedient to establish a Rehabilitation Finance Administration for the purpose of giving financial assistance on reasonable terms to displaced persons to enable them to settle in business or industry;

It is hereby enacted as follows:-

Previous | Next

The Rehabilitation Finance Administration Act,1948

Indian Laws – Bare Acts


Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2021 Laws and Bare Acts of India at

Free Legal Help, Just WhatsApp Away

MyNation HELP line

We are Not Lawyers, but No Lawyer will give you Advice like We do

Please read Group Rules – CLICK HERE, If You agree then Please Register CLICK HERE and after registration  JOIN WELCOME GROUP HERE

We handle Women Centric biased laws like False Section 498A IPC, Domestic Violence(DV ACT), Divorce, Maintenance, Alimony, Child Custody, HMA 24, 125 CrPc, 307, 312, 313, 323, 354, 376, 377, 406, 420, 497, 506, 509; TEP, RTI and many more…

MyNation FoundationMyNation FoundationMyNation Foundation