Section 2: Definitions
National Savings Time Deposit Scheme 2019Central Rules · 1873
(1) In this Scheme, unless the context otherwise requires,-
(a) “account” means an account opened under this Scheme;
(b) “account holder” means an individual in whose name the account is held;
(c) “Act” means The Government Savings Promotion Act, 1873 (5 of 1873);
(d) “Form” means forms appended to this Scheme;
(e) “General Rules” means the Government Savings Promotion General Rules, 2018;
(f) “year” means a period of twelve months commencing on the date of deposit in an account.
(2) Words and expressions used herein but not defined shall have the meaning respectively assigned to them in the Act and in the General Rules.
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