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Section 3 – The Banking Regulation (Amendment) and Miscellaneous Provisions Act,2004

The Banking Regulation (Amendment) and Miscellaneous Provisions Act,2004

Section 3. Amendment of section 2 of Act 47 of 1961

In the Deposit Insurance and Credit Guarantee Corporation Act,1961, in section 2,-

(a) in clause (q), the words “co-operative society” shall be omitted and shall be deemed to have been omitted with effect from the 1st day of March,1966;

(b) in clause (r), for the words “primary co-operative bank”, the words “co-operative society”, “primary co-operative bank” shall be substituted and shall be deemed to have been substituted with effect from the 1st day of March,1966.

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The Banking Regulation (Amendment) and Miscellaneous Provisions Act,2004

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