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Section 1 – The Small Industries Development Bank of India Act,1989

The Small Industries Development Bank of India Act,1989

Section 1. Short title, extent and commencement

No.39 OF 1989

[25th October,1989.]

An Act to establish the Small Industries Development Bank of India as the principal financial institution for the promotion, financing and development of industry in the small-scale sector and to co-ordinate the functions of the institutions engaged in the promotion, financing or developing industry in the small-scale sector and for matters connected therewith or incidental thereto.

BE it enacted by Parliament in the Fortieth Year of the Republic of India as follows:-

(1) This Act may be called the Small Industries Development Bank of India Act,1989.

(2) It extends to the whole of India.

(3) It shall come into force on such date as the Central Government may, by notification, appoint and different dates may be appointed for different provisions of this Act.

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The Small Industries Development Bank of India Act,1989

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