Section 2
Subs. by Act 13 of 2018, s. 119, for sub-section (1) (w.e.f. 1-4-2018).
2. Subs. by Act 13 of 2018, s. 119, for sub-section (1) (w.e.f. 1-4-2018).
(2) Any nomination referred to in sub-section (1) shall become void if the nominee predeceases, or w here there are two or more nominees, all the nominees predecease , the depositor.
(3) Where the nominee is a minor it shall be lawful for the depositor to appoint in the prescribed manner any person to receive the deposit in the event of his death during the minority of the nominee.