AMENDMENTS TO THE GOVERNMENT SAVINGS BANKS ACT, 1873 - Finance Bill, 2018

Chapter: VIII

MISCELLANEOUS

Part: I
AMENDMENTS TO THE GOVERNMENT SAVINGS BANKS ACT, 1873
Clause 111	:	Commencement of this Part Clause 111 of the Bill seeks to provide for commencement of Part I of Chapter VIII from such date as may be notified by the C....
Clause 112	:	Substitution of long title to Act 5 of 1873 Clause 112 of the Bill seeks to amend long title of the Government Savings Banks Act, 1873.....
Clause 113	:	Amendment of short title. Clause 113 of the Bill seeks to amend short title of the Act.....
Clause 114	:	Substitution of words ‘‘Authorised Officer’’ for the word ‘‘Secretary’’ throughout Act Clause 114 of the Bill seeks to substitute the words Authorised Officer for Secretary , throughout the Act.....
Clause 115	:	Omission of section 2. Clause 115 of the Bill seeks to omit section 2 of the Act.....
Clause 116	:	Substitution of new sections 3, 3A and 3B for section 3- Definitions-Framing of Savings Schemes-Deposit by minor. Clause 116 of the Bill seeks to substitute new sections 3, 3A and 3B for the existing section 3. Section 3 relates to definit....
Clause 117	:	Amendment of section 4. Clause 117 of the Bill seeks to substitute sub-section ( 1 ) of section 4 of the Act to give the depositor the right to speci....
Clause 118	:	Amendment of section 4A. Clause 118 of the Bill seeks to amend section 4A of the Act so as to insert a new sub-section ( 3A ) to make a provision for ....
Clause 119	:	Amendment of section 5 Clause 119 of the Bill seeks to amend section 5 of the Act to substitute certain words.....
Clause 120	:	Amendment of section 6 Clause 120 of the Bill seeks to amend section 6 of the Act to substitute certain words.....
Clause 121	:	Amendment of section 7. Clause 121 of the Bill seeks to amend section 7 of the Act to substitute certain words.....
Clause 122	:	Insertion of new section 7A-Power to call for information Clause 122 of the Bill seeks to insert a new section 7A. The proposed new section 7A empowers the Central Government to call ....
Clause 123	:	Amendment of section 8 Clause 123 of the Bill seeks to amend section 8 of the Act which relates to exemption from payment of court fee on the probat....
Clause 124	:	Amendment of section 10. Clause 124 of the Bill seeks to amend section 10 of the Act to substitute certain words.....
Clause 125	:	Amendment of section 12. Clause 125 of the Bill seeks to amend section 12 of the Act to substitute certain words.....
Clause 126	:	Insertion of new section 12A- Operation of account by differently abled persons. Clause 126 of the Bill seeks to insert a new section 12A to provide for operation of account by differently abled persons inc....
Clause 127	:	Omission of heading Clauses 127 and 128 of the Bill seek to omit the heading and section 13 of the Act respectively.....
Clause 128	:	Omission of section 13. Clauses 127 and 128 of the Bill seek to omit the heading and section 13 of the Act respectively.....
Clause 129	:	Amendment of section 14. Clause 129 of the Bill seeks to amend section 14 of the Act, so as to substitute the word Government with the words Central G....
Clause 130	:	Amendment of section 15 Clause 130 of the Bill seeks to amend section 15 of the Act which relates to power of the Central Government to make rules. I....
Clause 131	:	Insertion of new section and Schedule-Repeal and savings Clause 131 of the Bill seeks to insert a new section 16 to provide for repeal of the Government Savings Certificates Act, 195....