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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2018 Chapters List Part I AMENDMENTS TO THE GOVERNMENT SAVINGS BANKS ACT, 1873 This

Clause 125 - Amendment of section 12. - FINANCE BILL, 2018

FINANCE BILL, 2018
Part I
AMENDMENTS TO THE GOVERNMENT SAVINGS BANKS ACT, 1873
  • Contents

125. Amendment of section 12.

In section 12 of the principal Act,––

(i) for the word “Bank”, the words “Government Savings Bank” shall be substituted;

(ii) for the words “any proper person”, the word “guardian” shall be substituted;

(iii) for the words “such person”, the words “such guardian” shall be substituted;

(iv) for the words “nothing in this section authorises payments to any person other than”, the words “payments shall be made to” shall be substituted.

 



 

Notes on Clauses:

Clause 125 of the Bill seeks to amend section 12 of the Act to substitute certain words.

 
 
 
 

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