Chapter V — MISCELLANEOUS

Section 35Corporation to have access to records

Section 35: Corporation to have access to records

35. Corporation to have access to records

(1)

The Corporation shall have free access to all such records of an insured bank [or a credit institution] perusal where of may appear to the Corporation to the necessary for the discharge of its functions under this Act.

(2)

The Corporation may require any insured bank [or credit institution] to furnish to it copies of any of the records referred to in sub-section (1) and the bank [or the credit institution] shall be bound to comply with the requisition.

Amendment notes (1)
  1. Ins w.e.f. 15-7-1978 . Ins. by Act 21 of 1978, s. 8 (w.e.f. 15-7-1978).