Clause 2, Government Savings Banks (Removal of Difficulties) Order, 2017 [S30-HTR]
As at 7 September 2026. In force from 23 July 2017.
Removal of difficulty.—Where a financial institution had, before the commencement of the Government Savings Banks Act, 1873, carried on the business of a financial institution under a licence granted under the law then in force, such licence shall be deemed to have been granted under the Act and shall remain in force for thirty days from such commencement or until it expires, whichever is earlier.
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