Section 3B

Deposit by minor.

The Government Savings Promotion Act, 1873

  • Act 5 of 1873
  • Ministry of Finance
  • Department of Economic Affairs
About this Act

An Act to regulate Irrigation, Navigation and Drainage Northern India.

All sections
    1[3B. Deposit by minor.--(1) A minor who has attained the age of ten years may open and operate an account in the Government Savings Bank, if so permitted under a Savings Scheme.
     (2) Subject to the provisions of sub-section (1), the guardian of a minor may open and operate an account on behalf of the minor, till he becomes a major.]

Notes

1. Subs. by Act 13 of 2018, s. 118, for section 3 (w.e.f. 1-4-2018).

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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