Section 161 - Amendment of section 33. - Finance (No. 2) Act, 2019

Amendment of section 33. 161. In section 33 of the principal Act,- (a) in sub-section (1),- (i) for the words housing finance institution wherever they occur, the words housing finance institution which is a company shall be substituted; (ii) for the words the National Housing Bank at both the places where they occur, the words the National Housing Bank and the Reserve Bank shall be substituted; (b) in sub-section (1A), for the words National Housing Bank , the words Reserve Bank shall be substituted; (c) in sub-section (2), for the words the National Housing Bank at both the places where they occur, the words the National Housing Bank and the Reserve Bank shall be substituted; (d) in sub-section (3), for the words it may at any time , the words it may at any time and shall, on being directed to do so by the Reserve Bank, shall be substituted.