Section 2
[(3A) Where the deposit belongs to a minor or to a person of unsound mind who dies and there is no nominee immediately before the date of commencement of Part I of Chapter VIII of the Finance Act, 2018 (13 of 2018), the deposit shall be paid to the guardian.]
2 [(3A) Where the deposit belongs to a minor or to a person of unsound mind who dies and there is no nominee immediately before the date of commencement of Part I of Chapter VIII of the Finance Act, 2018 (13 of 2018), the deposit shall be paid to the guardian.]
(4) If a depositor dies and there is no nomination in force at the time of his death and probate of his will or letters of administration of his estate or a succession certificate granted under the Indian Succession Act, 1925 (39 of 1925), is not within three months of the death of the depositor produced to the 3 [Authorised Officer] of the Government Savings Bank in which the deposit is, then—
(a) if the deposit does not exceed 4 [such limit as may be prescribed , ] the 3 [Authorised Officer] may pay the same to any person appearing to him to be entitled to receive it or to administer the estate of the 5 [deceased in accordance with such procedure as may be prescribed.]
6*
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7*
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