Any amount paid by the Corporation under section 17 or section 18 [or section 18A] in respect of a deposit shall, to the extent of the amount paid, discharge the Corporation from its liability in respect of that deposit.
Section 19: Discharge of the liability of Corporation.
The Deposit Insurance and Credit Guarantee Corporation Act, 1961Central Act · Act 47 of 1961
Where this provision sits
| Act | The Deposit Insurance and Credit Guarantee Corporation Act, 1961 |
|---|---|
| Section | 19 |
| Marginal note | Discharge of the liability of Corporation. |
| 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 30 of 2021. . Ins. by Act 30 of 2021, s. 5 (w.e.f. 1-9-2021).
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