State Bank of Saurashtra (Repeal) and the State Bank of India (Subsidiary Banks) Amendment Act, 2009 Chapter III - Bare Act

State	Central Government
Year	2009
Section Title	Amendments to the State Bank of India (Subsidiary Banks) Act, 1959

Act Info:

In section 2 of the State Bank of India (Subsidiary Banks) Act, 1959(38 of 1959) (hereafter in this Chapter referred to as the Subsidiary Banks Act),--

(i) in clause (a), sub-clause (iv) shall be omitted;

(ii) clause (i) shall be omitted;

(iii) in clause (k), the words "and the Saurashtra Bank" shall be omitted.

Section 4 - Amendment of section 14

In the Subsidiary Banks Act, in section 14,--

(i) in the marginal heading, the words", the Saurashtra Bank" shall be omitted;

(ii) in sub-section (1), the words ", the State Government of Gujarat in respect of the Saurashtra Bank" shall be omitted;

(iii) in sub-section (2) and in the proviso, the words", the State Government of Gujarat," and "or the State Government of Gujarat" shall, respectively, be omitted;

(iv) in sub-section (3), the words ", the State Government of Gujarat" shall be omitted;

(v) in sub-section (4), the words", the State Government of Gujarat" shall be omitted.

Section 5 - Amendment of section 23

In the Subsidiary Banks Act, in section 23,--

(i) for the words ", the Hyderabad Bank and the Saurashtra Bank", the words "and the Hyderabad Bank" shall be substituted;

(ii) for the words, "the Hyderabad Bank or the Saurashtra Bank", the words "or the Hyderabad Bank" shall be substituted.

Section 6 - Amendment of section 42

In the Subsidiary Banks Act, in section 42, for the words ", the Hyderabad Bank or the Saurashtra Bank", the words "or the Hyderabad Bank" shall be substituted.

Section 7 - Amendment of section 46

In the Subsidiary Banks Act, in section 46,--

(i) in the marginal heading, the words "and the Saurashtra Bank" shall be omitted;

(ii) in sub-section (1), the words "or the Saurashtra Bank," shall be omitted;

(iii) the Explanation shall be omitted.

Section 8 - Amendment of section 47

In the Subsidiary Banks Act, in section 47, in sub-section (1), for the words ", the Hyderabad Bank or the Saurashtra Bank", the words "or the Hyderabad Bank" shall be substituted.

Section 9 - Amendment of section 49

In the Subsidiary Banks Act, in section 49,--

(i) in sub-section (1), the words "or the Saurashtra Bank" shall be omitted;

(ii) in sub-section (2), the words "or of the Saurashtra Bank" shall be omitted;

(iii) in sub-section (3), the words "or the Saurashtra Bank" shall be omitted.

Section 10 - Amendment of section 56

In the Subsidiary Banks Act, in section 56,--

(i) in the marginal heading, the words "and the State Bank of Saurashtra" shall be omitted;

(ii) the words "and the Saurashtra Bank" shall be omitted;

(iii) the words "or the Saurashtra Bank, as the case may be,", at both the places where they occur, shall be omitted.

Section 11 - Amendment of First Schedule

In the First Schedule to the Subsidiary Banks Act, in paragraph 1, in sub-paragraph A, for the words ", the Bank of Patiala or the Saurashtra Bank," the words "or the Bank of Patiala" shall be substituted.