Bare ActsThe Government Savings Promotion Act, 1873

Section 10

Payment of deposits to minor or guardian.

Amendment status not verified — confirm the current text below against the official source.

Any deposit made by, 1 [or on behalf of, a minor], may be paid to him personally, if he made the deposit, or to his guardian 2 [for the use of such minor], if the deposit was made by any person other than the minor, together with the interest accrued thereon. The 3 [receipt of the minor] or guardian, for money paid to him under this section, shall be a sufficient discharge therefor.

Amended up to 2019-03-11View on India Code →
Section 10 – The Government Savings Promotion Act, 1873 | DailyLaw.ai