Nothing contained in section 3 shall apply to a bank or any corporation established under an Act of Parliament or State Legislature, or a Government Company as defined under section 617 of the Companies Act, 1956 (1 of 1956).
Section 5: Requirement for registration as a factor not to apply to bank or Statutory corporation or Government company.
The Factoring Regulation Act, 2011Central Act · Act 12 of 2012
Where this provision sits
| Act | The Factoring Regulation Act, 2011 |
|---|---|
| Section | 5 |
| Marginal note | Requirement for registration as a factor not to apply to bank or Statutory corporation or Government company. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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