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6. Security for due administration.-

The Secretary of any such Bank 1 [or any officer empowered 2[under sub-section (4) of section 4A]] may take such security as he thinks necessary from any person 3[to whom he pays any money under sub-section (4) of section 4A] for the due administration of the money so paid, and he may assign the said security to any person interested in such administration.



Government Savings Banks Act, 1873 Back




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