Section 20
Dissolution of Sikkim Bank.
The State Bank of Sikkim (Acquisition of Shares) and Miscellaneous Provisions Act, 1982
About this Act
An Act to provide, in the public interest, for the acquisition of certain shares of the State Bank of Sikkim for the purpose of better consolidation and extension of banking facilities in the State of Sikkim and for matters connected therewith or incidental thereto.
On the date of the issue of notification under sub-section (1) of
section 6, the Sikkim Bank shall stand dissolved, and the State Bank of Sikkim Proclamation, 1968, shall
stand repealed; and the provisions of section 6 of the General Clauses Act, 1897 (10 of 1897), shall apply
to such repeal as if the said Proclamation were a Central Act.