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[Cites 0, Cited by 0] [Section 5] [Entire Act]

Union of India - Subsection

Section 5(4) in The Sukanya Samriddhi Account Rules, 2016

(4)An Account in which minimum amount as specified in sub-rule (1) has not been deposited shall be considered as an Account under default:Provided that an Account under default may be regularised on payment of a penalty of fifty rupees per year along with the such minimum specified amount for the year or years of default .