Bare ActsThe Government Savings Promotion Act, 1873

Section 6

Security for due administration.

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

The 1 [Authorised Officer] of 2 [a Government Savings Bank] may take such security as he thinks necessary from any person 3 [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.

Amended up to 2019-03-11View on India Code →
Section 6 – The Government Savings Promotion Act, 1873 | DailyLaw.ai