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Section 16: Investment.

The Small Industries Development Bank of India Act, 1989Central Act · Act 39 of 1989

[16. Investment.-- The Small Industries Bank may invest (whether by way of deposits in banks or otherwise) the amounts available in the Small Industries Development Assistance Fund or the Small Industries General Fund or any other fund or account which are not for the time being required for the transaction of business in such manner as may be approved by the Board.]

Where this provision sits

ActThe Small Industries Development Bank of India Act, 1989
Section16
Marginal noteInvestment.
JurisdictionCentral
StatusIn 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. . Subs. by s. 10, ibid., for section 16 (w.e.f. 27-3-2000).

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