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<h1>Amendment to Section 7 of the Government Savings Banks Act updates language on entities or officers, per Section 123 of Finance Act 2018.</h1> Section 123 of the Finance Act, 2018 amends Section 7 of the Government Savings Banks Act, 1873. The amendment involves replacing 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 language concerning the entities or officers referenced in the original statute.