Section 21C: Local Committees.
The State Bank of India Act, 1955Central Act · Act 23 of 1955
[(1) A Local Committee may be constituted by the Central Board for any area and shall consist of such number of members as may be prescribed.
[(2) The chairman or the managing director nominated by him shall be an ex officio member of every such Local Committee.]
(3) A Local Committee shall exercise such powers and perform such functions and duties as the Central Board may confer on or assign to it.]
Where this provision sits
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 35 of 1964. . Ins. by Act 35 of 1964, s.6 (w.e.f. 1-12-1964).
- substituted, Act 27 of 2010. . Subs. by Act 27 of 2010, s. 15, for sub-section (2) (w.e.f. 15-9-2010).
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