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of <h1>Finance Bill 2018 proposes amending section 6 of Government Savings Banks Act, 1873 for updated terminology.</h1> Clause 120 of the Finance Bill, 2018 proposes an amendment to section 6 of the Government Savings Banks Act, 1873. It seeks to replace the phrase 'any such Bank or any officer empowered under sub-section (4) of section 4A' with 'a Government Savings Bank.' This change updates the terminology used in the Act to refer specifically to a Government Savings Bank.
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