Chapter IV — GENERAL PROVISIONS

Section 53Returns

Section 53: Returns

53. Returns

(1)

The Bank shall prepare and transmit to the [Central Government] a weekly account of the Issue Department and of the Banking Department in[such] form as the [Central Government] may, by notification in the Gazette of India, prescribe. The [Central Government] shall cause these accounts to be [published in the Gazette of India at such intervals and in such modified form as it may deem fit].

(2)

The Batik shall also, within two months from the date on which the annual accounts of the Bank are closed, transmit to the [Central Government] a copy of the annual accounts signed by the Governor, the Deputy Governors and the Chief Accounting Officer of the Bank, and certified by the auditors, together with a report by the Central Board on the working of the Bank throughout the year, and the [Central Government] shall cause such accounts and report to be published in the Gazette of India.

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Amendment notes (5)
  1. Subs . Subs. by the M.O. 1937, for "G.G. in C.".
  2. Subs . Subs. by the M.O. 1937, for certain words.
  3. Subs w.e.f. 21-7-1978 . Subs. by Act 24 of 1978, s. 9, for "published weekly in the Government of India" (w.e.f. 21-7-1978).
  4. Subs . Subs. by the M.O. 1937, for "G.G. in C.".
  5. omitted w.e.f. 1-1-1949 . Sub-section (3) omitted by Act 62 of 1948, s. 7 and the Schedule (w.e.f. 1-1-1949).