Section 45Y: Power of Central Government to make rules for the preservation of records.

The Banking Regulation Act, 1949Central Act · Act 10 of 1949

[45Y. Power of Central Government to make rules for the preservation of records.--The Central Government may, after consultation with the Reserve Bank and by notification in the Official Gazette, make rules specifying the periods for which--

(a) a banking company shall preserve its books, accounts and other documents; and

(b) a banking company shall preserve and keep with itself different instruments paid by it.]

Where this provision sits

Act	The Banking Regulation Act, 1949
Section	45Y
Marginal note	Power of Central Government to make rules for the preservation of records.
Jurisdiction	Central
Status	In force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

inserted, Act 1 of 1984. . Ins. by Act 1 of 1984, s. 37 (w.e.f. 29-3-1985).

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