Notwithstanding anything contained in the Acts hereinafter mentioned in this section, the shares of a Regional Rural Bank shall be deemed to be included among the securities enumerated in section 20 of the Indian Trusts Act, 1882 (2 of 1882), and shall also be deemed to be approved securities for the purposes of the Banking Regulation Act, 1949 (10 of 1949).
Section 7: Shares to be approved securities.
The Regional Rural Banks Act, 1976Central Act · Act 21 of 1976
Where this provision sits
| Act | The Regional Rural Banks Act, 1976 |
|---|---|
| Section | 7 |
| Marginal note | Shares to be approved securities. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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