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Union of India - Section

Section 20 in The The State Bank of Sikkim (Acquisition of Shares) and Miscellaneous Provisions Act, 1982

20. Dissolution of Sikkim Bank.-

On the date of the issue of notification under sub-section (1) of section 6, the Sikkim Bank shall stand dissolved, and the State Bank of Sikkim Proclamation, 1968, shall stand repealed; and the provisions of section 6 of the General Clauses Act, 1897 (10 of 1897), shall apply to such repeal as if the said Proclamation were a Central Act.The Schedule[See Section 8(1)]Manner of Payment of Amount for The Trasnfer of Shares of The State Bank of Sikkim to The Central Government