Amendment status not verified — confirm the current text below against the official source.
{ii) It extends to the whole of Assam. (iii) It shall come into force at once-:-+ Definition 2. In this Act, unless the context other- wise requires, -- (i) 'Competent authority' means the authority appointed under section 4; (ii) (iii) (iv) 'Deposit' mean1 the deposit of a sum of mc•ney made with a Finan- cial Establishment for a fixed period, for interest or return in any kind, 'Financial Establishment' means an indi- vidual, an association of individuals or a firm carrying on business of receiving deposits under any scheme or arrapge- ment or in any other manner but does not include a company registered d h · A l 956 CcQtral Act un er t e Co mpames ct, or a No. 1 of Corporation or a Cc-operative Society 1956. owned or controlled by any State Government or the Central Govern- ment or a Banking Company as de- 1 A fined under Section !'J(c) of the ~~~r~ 194~ Banking Regulati0n Act, 1949 or a non-banking financial company as defined in clause (f) of Section 45--1 of the Reserve Bank of India Act, 0 8 1 At Q enra c L34; No. 2 of 'Government' means the State Govern- 1934. ment of Assam. --------------- --- --------- .. - -~ASSAM GAZETTE :EXTRAOR_!?INAR~ !_ULY 21, 2000 575 CHAPTER- II Attachment of proper- ties on de- fault of re· turn of deposits. Competent authority, .