Section 29, State Associated Banks (Miscellaneous Provisions) Act, 1962 [S1H-EJ2]
As at 7 September 2026. In force from 25 October 1962.
29. Powers of authorised officer.—(1) The authorised officer may, for the purpose of ascertaining whether the provisions of this Act or the rules made thereunder are being complied with, at all reasonable times enter any premises where the business of a financial institution is carried on, inspect any return found therein, and require the production of any record or register maintained under this Act. (2) The authorised officer may seize any return in respect of which he has reason to believe that an offence under this Act has been committed. (3) The provisions of the Code of Criminal Procedure, 1973 (2 of 1974) shall, so far as may be, apply to any search or seizure under this section.
Defined terms in this text (1)
financial institution: Section 2, State Associated Banks (Miscellaneous Provisions) Act, 1962 [S1HDQ4] (In this Act, unless the context otherwise requires,—): "financial institution" means a financial institution as defined in clause (c) of section 45-I of the Reserve Bank of India Act, 1934 (2 of 1934)
financial institution: 25 more definitions.
Made under this section, or naming it (0)
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Cited by (0)
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Not held (0)
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Duties published under this section (0)
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