Government Savings Certificates Act : Security for due administration. Indian Bare Acts :

Government Savings Certificates Act,1959

Act No : 46

Section : Security for due administration.

9.Security for due administration. The prescribed authority may take such security as it thinks necessary from any person to whom any money is paid under sub-section (4) of section 7 for the due administration of the money so paid and may assign the said security to any person interested in such administrations.