(1) This Act may be called ¹[the Deposit Insurance and Credit Guarantee Corporation] Act, 1961.

(2) It extend to the whole of India.

(3) It shall come into force on such date² as the Central Government may, by notification in the Official Gazette, appoint.

1. Subs. by s. 8, ibid., for "the Deposit Insurance Corporation " (w.e.f. 15-7-1978).
2. 1st January, 1962, vide notification No. G.S.R. 18, dated 28th December, 1961, see Gazette of India, Part II, sec. 3(i).