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Union of India - Section

Section 127 in The Finance Act, 2018

127. Amendment of section 12.

- In section 12 of the principal Act,-
(i)for the word "Bank", the words "Government Savings Bank" shall be substituted;
(ii)for the words "any proper person", the word "guardian" shall be substituted;
(iii)for the words "such person", the words "such guardian" shall be substituted;
(iv)for the words "nothing in this section authorises payments to any person other than", the words "payments shall be made to" shall be substituted.