Section 40: Bank accounts

BIS Rules 2018Central Rules · 2016

(1) Bank accounts shall be opened in the State Bank of India or any of its subsidiaries or any of the nationalised banks and operated in such a manner as may be authorised by the Director General.

(2) All money belonging to the fund shall be deposited promptly into the Bank.

Where this provision sits

Act	BIS Rules 2018
Section	40
Marginal note	Bank accounts
Jurisdiction	Central
Status	In force as published by the source

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