# The Factoring Regulation Act, 2011, Section 4: Provisions of non-banking financial companies apply to factor

- Act: The Factoring Regulation Act, 2011 (Act 12 of 2012)
- In force from: 2012-04-02
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/factoring-regulation-act-2011/section/4/

## Text

All provisions of Chapter IIIB of the Reserve Bank of India Act, 1934 (2 of 1934) relating to non-banking financial companies which have been granted a certificate of registration under sub-section (5) of section 45-IA of the Reserve Bank of India Act, 1934 shall (except those specifically provided for under this Act) mutatis mutandis apply to a factor which has been granted a certificate of registration under section 3.

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