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Banking Regulation Act,1949

Act No : 10


Section : References to directors, etc., shall be construed as includingreferences to past directors, etc.

45V. References to directors, etc., shall be construed as including references to past directors, etc.-For the removal of doubts it is hereby declared that any reference in this Part to a director, manager, liquidator, officer or auditor of a banking company shall be construed as including a reference to any past or present director, manager, liquidator, officer or auditor of the banking company. ---------------------------------------------------------------------- 1. Subs. by Act 55 of 1963, s. 24, for certain words (w.e.f. 1-2- 1964). 2. Ins. by s. 24, ibid. (w.e.f. 1-2-1964). 88S.


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