Section 7

Rounding off. Repealed

The Compulsory Deposit Scheme Act, 1963

  • Act 21 of 1963
  • Ministry of Finance
  • Department of Economic Affairs
About this Act

An Act to provide in the interest of national economic development for compulsory deposit and for the framing of a scheme in relation thereto.

All sections
    Where the amount of any deposit to be made under this Act contains a part of a rupee, then, if such part is fifty naye paise or more, it shall be increased to one complete rupee and if such part is less than fifty naye paise, it shall be ignored.
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