NEGOTIABLE INSTRUMENTS (AMENDMENT AND MISCELLANEOUS PROVISIONS) ACT, 2002 Chapter III - Bare Act |
| State | Central Government |
| Year | 2002 |
| Section Title | AMENDMENT TO THE BANKERS' BOOKS EVIDENCE ACT, 1891 |
In section 2 of the Bankers' Books Evidence Act, 1891 (18 of 1891),--
(a) for clause (3), the following clause shall be substituted, namely:--
'(3) "bankers' books" include ledgers, day-books, cash-books, account-books and all other records used in the ordinary business of the bank, whether these records are kept in written form or stored in a micro film, magnetic tape or in any other form of mechanical or electronic data retrieval mechanism, either onsite or at any offsite location including a back-up or disaster recovery site of both;';
(b) in clause (5), after sub-clause (6), the following sub-clause shall be inserted, namely:--
"(c) a printout of any entry in the books of a bank stored in a micro film, magnetic tape or in any other form of mechanical or electronic data retrieval mechanism obtained by a mechanical or other process which in itself ensures the accuracy of such printout as a copy of such entry and such printout contains the certificate in accordance with the provisions of section 2A.".