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1***(6) Save as otherwise provided in 2[this Act] the State Bank shall not own or, acquire any 3*** immovable property except for the purpose of providing buildings or other accomodation in which to
carry on the business of the State Bank or for providing residences for its officers and other employees:
Provided that if any such building or other accommodation is not immediately required for any of the
purposes of the State Bank, the State Bank may utilise it to the best advantage by letting it out or in any
other manner.
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1. Sub-sections (1), (2), (3) or (5) omitted by s. 13, ibid. (w.e.f. 1-3-1977).Earlier sub-section (3) was substituted for sub-sections (3) or (4) by Act 29 of 1959, s. 5 (w.e.f. 1-3-1977).
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2. Subs. by Act 56 of 1962, s.2, for "section 33" (w.e.f. 1-1-1963).
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3. The words "interest in" omitted by s. 2, _ibid_. (w.e.f. 1-1-1963).
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