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[Cites 0, Cited by 0] [Section 7] [Entire Act]

Union of India - Subsection

Section 7(2) in The Government Savings Certificates Act, 1959

(2)Where the nominee is a minor, payment of the sum due thereon shall be made--
(a)in any case where a person has been appointed to receive it under sub-section (3) of section 6, to that person, and
(b)where there is no such person, to any guardian of the property of the minor appointed by a competent court, or where no such guardian has been so appointed, to either parent of the minor, or where neither parent is alive, to any other guardian of the minor.