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[Cites 0, Cited by 0] [Section 16] [Entire Act]

Union of India - Subsection

Section 16(3) in The Banking Regulation Act, 1949

(3)[ Nothing in sub-section (1) shall apply to, or in relation to, any director appointed by the Reserve Bank.] [Inserted by Act 58 of 1968, Section 4 (w.e.f. 1.2.1969).]