Amendment status not verified — confirm the current text below against the official source.
The Secretary of any such Bank [or any officer empowered [under sub-section (4) of section 4A]] may take such security as he thinks necessary from any person [to whom he pays any money under sub-section (4) of section 4A] for the due administration of the money so paid, and he may assign the said security to any person interested in such administration. Ins. by Act 16 of 1923, sec. 4. Subs. by Act 45 of 1959, sec. 5, for "under section 4" (w.e.f. 18/09/1959). Subs. by Act 45 of 1959, sec. 5, for "to whom he pays any money under section 4" (w.e.f. 18/09/1959).