Section 3B: Deposit by minor.

The Government Savings Promotion Act, 1873Central Act · Act 5 of 1873

[3B. Deposit by minor.--(1) A minor who has attained the age of ten years may open and operate an account in the Government Savings Bank, if so permitted under a Savings Scheme.

(2) Subject to the provisions of sub-section (1), the guardian of a minor may open and operate an account on behalf of the minor, till he becomes a major.]

Where this provision sits

Act	The Government Savings Promotion Act, 1873
Section	3B
Marginal note	Deposit by minor.
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.

substituted, Act 13 of 2018. . Subs. by Act 13 of 2018, s. 118, for section 3 (w.e.f. 1-4-2018).

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