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Act / Banking Regulation Act, 1949

Clause 5(b): banking

In forceA commencement is recorded; no ending event is recorded.
The law's words

5(b). banking."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;

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The text above is a reproduction prepared for this register, not the certified Gazette wording. The Gazette in which the instrument was published remains the authentic record.

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