Amendment status not verified — confirm the current text below against the official source.
Insertion of new section 21A.- After section 21 of the Principal Act, the following section shall be inserted, namely:- “21A. Power to make scheme.- (1) The Government may by notification published in the official Gazette make such scheme similar to SEBI (Grant of reward of informant under recovery proceedings) Guidelines, 2023 not inconsistent with the provisions of this Act and rules made thereunder to incentivize whistle blowers to disclose any deposit related illegal activities and or provide original information related to the assets of the defaulters to help the Government to recover monies from fraudsters and to repay the depositors their deposits. (2) Every scheme made under this section shall as soon as may be after it is made, be laid before both the houses of the State Legislature.” The above translation of of ಕರ್ನಾಟಕ ಹಣಕಾಸು ಸಂಸ್ಥೆಗಳಲ್ಲಿ ಠೇವಣಿದಾರರ ಹಿತಾಸಕ್ತಿ ಸಂರಕ್ಷಣೆ (ತಿದ್ದುಪಡಿ) ಅಧಿನಿಯಮ, 2024 (2025 ರ ಕರ್ನಾಟಕ ಅಧಿನಿಯಮ ಸಂಖ್ಯೆ: 09) be published in the official Gazette under clause (3) of Article 348 of the Constitution of India. THAAWARCHAND GEHLOT GOVERNOR OF KARNATAKA By Order and in the name of the Governor of Karnataka, G. SRIDHAR Secretary to Government Department of Parliamentary Affairs and Legislation