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        Bills

        Clause 125 - Amendment of section 12.

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

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        Terminology change: payments to guardians now mandated, replacing prior recipient wording in government savings bank law. Clause 125 substitutes terminology in section 12: replacing 'Bank' with 'Government Savings Bank', changing 'any proper person' and 'such person' to 'guardian' and 'such guardian', and replacing the phrase authorising payments to others with the directive 'payments shall be made to' to clarify payee language.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Terminology change: payments to guardians now mandated, replacing prior recipient wording in government savings bank law.

                                Clause 125 substitutes terminology in section 12: replacing "Bank" with "Government Savings Bank", changing "any proper person" and "such person" to "guardian" and "such guardian", and replacing the phrase authorising payments to others with the directive "payments shall be made to" to clarify payee language.


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