Section 3: Establishment and incorporation of National Housing Bank. - (1) With effect from such date as the Central Government may, by notification, appoint, there shall be established for the purposes of this Act, a bank to be known as the National Housing Bank

Q: What does Section 3 of The National Housing Bank (Amendment) Act, 2019 (TNHBAA) deal with?

Section 3 TNHBAA pertains to "Establishment and incorporation of National Housing Bank. - (1) With effect from such date as the Central Government may, by notification, appoint, there shall be established for the purposes of this Act, a bank to be known as the National Housing Bank". It is part of the The National Housing Bank (Amendment) Act, 2019, a legislation enacted by the Parliament of India. Section 3 of The National Housing Bank (Amendment) Act, 2019 (TNHBAA) governs establishment and incorporation of National Housing Bank. - (1) With effect from such date as the Central Government may, by notification, appoint, there shall be established for the purposes of this Act, a bank to be known as the National Housing Bank. As verified on 19 May 2026.

Q: Is Section 3 TNHBAA still in force?

Yes, Section 3 of the The National Housing Bank (Amendment) Act, 2019 is currently in force across the Republic of India.

Q: What is धारा 3 TNHBAA?

धारा 3 TNHBAA is the Devanagari Hindi reference for Section 3 of the The National Housing Bank (Amendment) Act, 2019. Section 3 of The National Housing Bank (Amendment) Act, 2019 (TNHBAA) governs establishment and incorporation of National Housing Bank. - (1) With effect from such date as the Central Government may, by notification, appoint, there shall be established for the purposes of this Act, a bank to be known as the National Housing Bank. As verified on 19 May 2026.

Q: What is Dhara 3 TNHBAA?

Dhara 3 TNHBAA is the Roman Hindi reference for Section 3 of the The National Housing Bank (Amendment) Act, 2019. "Dhara" means "Section" in Hindi. Section 3 of The National Housing Bank (Amendment) Act, 2019 (TNHBAA) governs establishment and incorporation of National Housing Bank. - (1) With effect from such date as the Central Government may, by notification, appoint, there shall be established for the purposes of this Act, a bank to be known as the National Housing Bank. As verified on 19 May 2026.

Q: How to cite Section 3 of The National Housing Bank (Amendment) Act, 2019?

Cite as: "Section 3, The National Housing Bank (Amendment) Act, 2019 (TNHBAA)" in legal briefs. For academic writing, use the BlueBook format: The National Housing Bank (Amendment) Act, 2019, § 3 (India).

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(2)

The National Housing Bank shall be a body corporate with the name aforesaid having perpetual succession and a common seal with power, subject to the provisions of this Act, to acquire, hold and dispose of property and to contract, and may, by that name, sue and be sued.

(3)

The head office of the National Housing Bank shall be at [New Delhi or at such other place as the Central Government] may, by notification, specify.

(4)

The National Housing Bank may establish offices, branches or agencies at any place in India, and with the previous approval of [the Central Government] [Substituted 'the Reserve Bank' by Finance Act, 2018 (Act No. 13 of 2018) dated 29.3.2018.], at any place outside India.