Act Number: 5

Act Name: The Government Savings Promotion Act, 1873

Year: 1873

Enactment Date: 1873-01-28

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

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 3B: Deposit by minor.
    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).

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