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Section157
The Finance Act, 2019 (No. 2)

Substitution of section 30

In force As on 08 Oct 2026

Ministry Finance Cited by 1 provision

Section 157 of the Finance Act, 2019 (No. 2) deals with substitution of section 30. Substitution of section 30 157. For section 30 of the principal Act, the following section shall be substituted, namely:— "30.

Substitution of section 30

157. For section 30 of the principal Act, the following section shall be substituted, namely:—

"30. Reserve Bank to regulate or prohibit issue of prospectus or advertisement soliciting deposits of money..—The Reserve Bank may, if it considers necessary in the public interest so to do, by general or special order,—

(a)regulate or prohibit the issue by any housing finance institution which is a company of any prospectus or advertisement soliciting deposits of money from the public; and
(b)specify the conditions subject to which any such prospectus or advertisement, if not prohibited, may be issued.".
Section 157, The Finance Act, 2019 (No. 2).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

This section refers to

  1. s. 30 Amendment of section 92CE

Referred to by 1

  1. s. 81 Amendment of section 157

Questions about Section 157

What does Section 157 of the Finance Act, 2019 (No. 2) deal with?

Section 157 of the Finance Act, 2019 (No. 2) is headed "Substitution of section 30". Substitution of section 30 157. For section 30 of the principal Act, the following section shall be substituted, namely:— "30.

How do I find court cases under Section 157 of the Finance Act, 2019 (No. 2)?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act, 2019 (No. 2) 157, section 157 Finance Act, 2019 (No. 2), section 157 of the Finance Act, 2019 (No. 2). Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 157 of the Finance Act, 2019 (No. 2), and has it changed?

Its own text turns on section 30 (Amendment of section 92CE), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it.

When was the Finance Act, 2019 (No. 2) enacted?

Finance Act, 2019 (No. 2) was enacted in 2019. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument. This page is not a substitute for legal advice.