LawgistThe Banking Regulation Act
45YPower of Central Government to make rules for the preservation of records
1[45Y. Power of Central Government to make rules for the preservation of records.--The Central Government may, after consultation with the Reserve Bank and by notification in the Official Gazette, make rules specifying the periods for which--
(a) a banking company shall preserve its books, accounts and other documents; and
(b) a banking company shall preserve and keep with itself different instruments paid by it.]
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1. Ins. by Act 1 of 1984, s. 37 (w.e.f. 29-3-1985).
PROVISIONS RELATING TO CERTAIN OPERATIONS OF BANKING COMPANIES
- 45Y Power of Central Government to make rules for the preservation of records
- 45Z Return of paid instruments to customers
- 45ZA Nomination for payment of depositors' money
- 45ZB Notice of claims of other persons regarding deposits not receivable
- 45ZC Nomination for return of articles kept in safe custody with banking company
- 45ZD Notice of claims of other persons regarding articles not receivable
- 45ZE Release of contents of safety lockers
- 45ZF Notice of claims of other persons regarding safety lockers not receivable
