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Section 47: Cognizance of offences.

The Banking Regulation Act, 1949Central Act · Act 10 of 1949

No Court shall take cognizance of any offence punishable under [sub-section (5) of section 36AA or] section 46 except upon complaint in writing made by an officer of [the Reserve Bank or, as the case may be, the National Bank] generally or specially authorized in writing in this behalf by [the Reserve Bank or, as the case may be, the National Bank], and [no court other than that of a Metropolitan Magistrate or a Judicial Magistrate of the first class or any court superior thereto] shall try any such offence.

Where this provision sits

ActThe Banking Regulation Act, 1949
Section47
Marginal noteCognizance of offences.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it1

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act 55 of 1963. . Ins. by Act 55 of 1963, s. 26 (w.e.f. 1-2-1964).
  • substituted, Act 61 of 1981. . Subs. by Act 61 of 1981, s. 61 and Sch. II, for "the Reserve Bank" (w.e.f. 12-7-1984).
  • substituted, Act 1 of 1984. . Subs. by Act 1 of 1984 s. 39, for certain words (w.e.f. 15-2-1984).

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