Section 36, Small Industries Development Bank of India Act, 1989 [S1W-3ZE]
As at 7 September 2026. In force from 28 August 1989 by S.O. 2733(E) [N12-4Y2].
36. 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 banking is carried on, inspect any deposit found therein, and require the production of any record or register maintained under this Act. (2) The authorised officer may seize any deposit 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)
banking: Section 2, Small Industries Development Bank of India Act, 1989 [S1W2XE] (In this Act, unless the context otherwise requires,—): "banking" means the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawable by cheque, draft, order or otherwise
banking: 27 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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