State Act

28

Section 28. [References to banks in other Act how construed

THE UTTAR PRADESH SAHAKARI GRM VIKAS BANK ACT, 1964

Act no. 16 of 19641964In forceUttarakhand (State Act)

28. (1) With effect from the commencement of the Uttar Pradesh Sahakari Gram Vikas Bank 3 (Amendment) Act, 1989 any reference in any law or statutory instrument— (a) to [Uttar Pradesh Sahakari Gram Vikas Bank]3 mortgage bank or [Uttar Pradesh Sahakari Gram Vikas Bank]3, shall be construed as a reference to the [Uttar Pradesh Gram Vikas Bank;]3 (b) to a land mortgage bank or a Gram Vikas Bank shall be construed as a reference to a [Gram Vikas Bank.]2 (1) The Name of [Uttar Pradesh Sahakari Gram Vikas Bank]3 or a [Krishi Evam Gram Vikas Bank]4 existing on the date of commencement of the Uttar Pradesh Sahakari Gram Vikas Bank (Amendment) Act, 1989 shall be changed as the [Uttar Pradesh Sahkari Gram Vikas Bank]5 or as the case may be [Gram Vikas Bank]4, by the registrar by order in writing and the original certificate and bye-laws of such banks shall stand amended accordingly and such change of may, made under order of the registrar, be deemed to be a change of name duly effected by the society under the Uttar Pradesh Co-operative Societies Act, 1965. Where a mortgage is executed by a person directly in favour of the [Uttar Pradesh Sahakari Gram Vikas Bank]5 all references to [Gram Vikas Bank]4 in section 14, 20, 22, 23, 26 and 27 shall be deemed to be references to the 5[Uttar Pradesh Sahakari Gram Vikas Bank.]1