Notification S.O. 3541(E), dated 11th December, 1986 [N12-3AK]
As at 7 September 2026. In force from 11 December 1986.
S.O. 3541(E).—In exercise of the powers conferred by section 10 of the Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983 (48 of 1983), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts privates tutor whose the running of a hostel does not exceed ten thousand 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 Commission in writing of the commencement of the running of a hostel within ninety days of such commencement.
Made under
Recital: "In exercise of the powers conferred by section 10 of the Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983 (48 of 1983), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983 (48 of 1983) [S1S-DES]. Vires verified.
Acts on (1)
Exempts Section 4, Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983 [S1S-D8N], 11 December 1986. "section 4 of the said Act".
Acted on by (0)
none
Not held (0)
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