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The Banking Regulation Act, 1949

Part IV — MISCELLANEOUS

Section 46AChairman, director, etc., to be public servants for the purposes of Chapter IX of the Indian Penal Code

Read in the full Act
Section 46A: Chairman, director, etc., to be public servants for the purposes of Chapter IX of the Indian Penal Code

46A. Chairman, director, etc., to be public servants for the purposes of Chapter IX of the Indian Penal Code

[46A. Chairman, director, etc., to be public servants for the purposes of Chapter IX of the Indian Penal Code.—[Every chairman who is appointed on a whole-time basis, managing director, director, auditor], liquidator, manager and any other employee of a banking company shall be deemed to be a public servant for the purposes of Chapter IX of the Indian Penal Code (45 of 1860).]

Amendment notes (2)
  1. Ins w.e.f. 14-1-1957 . Ins. by Act 95 of 1956, s. 10 (w.e.f. 14-1-1957).
  2. Subs w.e.f. 31-1-1994 . Subs. by Act 20 of 1994, s. 9, for "Every chairman, director, auditor" (w.e.f. 31-1-1994).