National Savings Certificates definitions clarify account, account holder, year and defer undefined terms to governing Acts. The Scheme sets a definitions framework identifying key terms-account, account holder, Form, and year (a twelve month period from date of deposit)-and ... Summary
Referred In :
National Savings Certificates (VIII Issue) Scheme, 2019
National Savings Certificates definitions clarify account, account holder, year and defer undefined terms to governing Acts.
The Scheme sets a definitions framework identifying key terms-account, account holder, Form, and year (a twelve month period from date of deposit)-and directs that words not defined in the Scheme take the meanings assigned by the governing Act and the General Rules, ensuring interpretive consistency with the broader statutory and regulatory framework.
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