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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 126 - Insertion of new section 12A- Operation of account by differently abled persons. - FINANCE BILL, 2018

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

126. Insertion of new section 12A.

After section 12 of the principal Act, the following section shall be inserted, namely:––

Operation of account by differently abled persons.

“12A. Any depositor who suffers from physical infirmity, including blindness may operate and make a deposit through any literate individual whom he authorises.”.

 



 

Notes on Clauses:

Clause 126 of the Bill seeks to insert a new section 12A to provide for operation of account by differently abled persons including the blind through an authorised individual.

 
 
 
 

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