CIRCULATION OTHER THAN OF NATIONAL BANKS 209 SEC. 1905. DEFINITION OF BANK OR BANKER. Every incorporated or other bank, and every person, firm, or com- pany having a place of business where credits are opened by the deposit or collection of money or currency, subject to be paid or remitted upon draft, check, or order, or where money is advanced or loaned on stocks, bonds, bullion, bills of exchange, or promissory notes, or where stocks, bonds, bullion, bills of exchange, or promissory notes are received for discount or for sale, shall be regarded as a bank or as a banker. SEC. 1906 . APPLICATION OF CHAPTER TO NATIONAL BANKS. The provisions of this chapter, relating to the tax on the circulation of banks, and to their returns, except as contained in sections 1900 (b) (2), 1901 (a) and (b), 1902 (a) (4), and such parts of sections 1902 (a) (1) and (2) and (b), 1903, and 1904 as relate to the tax of 10 per centum on certain notes, shall not apply to associations which are taxed as national banks. SEC. 1907. EFFECTIVE DATE OF CHAPTER. This chapter shall take effect on the first day of June or the first day of December, whichever occurs first, next after the enactment of this title.