Deposit Insurance and Credit Guarantee Corporation Act ,1961

Act No : 47

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Section : Staff of Corporation.

33. Staff of Corporation. (1) The Corporation may appoint such number of officers and employees as it considers necessary or desirable for the efficient performance of its functions and determine the terms and conditions of their appointment and service. (2) Without prejudice to the provisions of sub-section (1), it shall be lawful for the Corporation to utilise, and for the Reserve Bank to make available, the services of such staff of the Reserve Bank on such terms and conditions as may be agreed upon between the Corporation and the Reserve Bank. --------------------------------------------------------------------- 1. Ins. by Act 21 of 1978, s. 8 (w.e.f. 15-7-1978). 2. Subs. by Act 14 of 1982, s. 55, for certain words (w.e.f. 1-4- 1982). 3. Subs. by Act 1 of 1984, s. 63 (w.e.f. 15-2-1984). 4. Omitted by Act 81 of 1985, s. 6 (w.e.f. 1-5-1986). 297

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