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Section 28: References to banks in other Acts how construed

The U P Sahkari Gram Vikas Bank Act 1964State Act of Uttar Pradesh · Act 16 of 1964

[28. References to banks in other Acts how construed. - (1) With effect from the commencement of the Uttar Pradesh Co-operative Land Development Banks (Amendment) Act, 1989, any reference in any law or statutory instrument-

(a) to U.P. State Co-operative Land Mortgage Bank, or Uttar Pradesh State Co- operative Land Development Bank or Uttar Pradesh and State Land Development Bank, shall be construed as a reference to the [Uttar Pradesh Gram Vikas Banks];

(b) to a land mortgage bank or a land development bank shall be construed as a reference to a [Gram Vikas Bank].

(2) The name of the Uttar Pradesh State Co-operative Land Development Bank or a Land Development Bank existing on the date of commencement of the Uttar Pradesh Co- operative Land Development Banks (Amendment) Act, 1989 shall be changed as the [Uttar Pradesh Sahkari Gram Vikas Bank], or as the case may be, [Gram Vikas Bank], by the Registrar by order in writing and the original certificate and bye-laws of such bank shall stand amended accordingly and such change of name, made under order of the Registrar, be deemed to be a change of name duly effected by the society under the Uttar Pradesh Co-operative Societies Act, 1965.

(3) Where a mortgage is executed by a person directly in favour of the [Uttar Pradesh Sahkari Gram Vikas Bank], all references to [Gram Vikas Bank] in Sections 14, 20, 22,23,26 and 27 shall be deemed to be references to the [Uttar Pradesh Sahkari Gram Vikas Bank].

Where this provision sits

ActThe U P Sahkari Gram Vikas Bank Act 1964
Section28
Marginal noteReferences to banks in other Acts how construed
JurisdictionState of Uttar Pradesh
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, U.P. Act No. 19 of 1994. Subs. by U.P. Act No. 19 of 1994
  • substituted, U.P. Act No. 16 of 1989. Subs. by U.P. Act No. 16 of 1989

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