Notification S.O. 553(E), dated 25th January, 1978 [N11-Z9J]
As at 7 September 2026. In force from 25 January 1978.
S.O. 553(E).—In exercise of the powers conferred by section 10 of the Regional Rural Banks Act, 1976 (21 of 1976), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts owners of a building in a village whose the keeping of a shop in a village market does not exceed one hundred rupees in value in a financial year from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Gram Panchayat in writing of the commencement of the keeping of a shop in a village market within thirty days of such commencement.
Made under
Recital: "In exercise of the powers conferred by section 10 of the Regional Rural Banks Act, 1976 (21 of 1976), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the Regional Rural Banks Act, 1976 (21 of 1976) [S1Q-3QC]. Vires verified.
Acts on (1)
Exempts Section 4, Regional Rural Banks Act, 1976 [S1Q-3H0], 25 January 1978. "section 4 of the said Act".
Acted on by (0)
none
Not held (0)
none