Section 7
Subs. by Act 13 of 2018, s. 118, for section 3 (w.e.f. 1-4-2018).
7. Subs. by Act 13 of 2018, s. 118, for section 3 (w.e.f. 1-4-2018).
(ii) State Bank of India or a banking company, or any other company or institution, as the Central Government may, by notification in the Official Gazette, specify for the purposes of this Act;
(h) " guardian " , in relation to a minor or a person of unsound mind means—
(i) either of the parents;
(ii) where neither parent is alive or where neither or the only living parent is incapable of acting as such, a person entitled under the law for the time being in force to have the care of the property of a minor or a person of unsound mind, as the case may be;
(iii) legal guardian appointed by a court;
(i) " minor " means a person who has not attained the age of majority under the Indian Majority Act, 1875 (9 of 1875);
(j) " prescribed " means prescribed by rules made under this Act;
(k) " Savings Schemes " means the Government Savings Schemes, including Savings Certificates and Public Provident Fund Scheme, listed in the Schedule;
(l) " Schedule " means the Schedule annexed to this Act.
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