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Section Section 22

;] (b) "the Central Board"> means the Central Board of Directors of the Bank;

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section 22;] (b) "the Central Board"> means the Central Board of Directors of the Bank; #Subject to verification and confirmation by the Department_ For the functioning of the Reserve Bank in O in relation to Burma, after the separation of that country from India, see the M.O. 1937. This Act was extended to Berar by Act 4 of 1941; to Goa; Daman and Diu by Reg: 6 of 1962; t0 Dadra and Nagar Haveli by Reg: 6 of 1963, 2 and Schedule I (w.e.f: 1-7-1965) and to Lakshadweep by Reg: 8 of 1965, s. 3 and Schedule to the State of Sikkim: vide Notification No. S.O. 208 (E), dated 15-5-1975, Extraordinary, Pt II, 3 (ii), p. 1213 and came into force in Sikkim w.e.f: 14-8-1976); vide Notification No. S.O. 547 (E), dated 13-8-1976. This Act has been supplemented by Act 28 of 1964_ 2. Subs. by the AO. 1948, for British India 3. Subs. by 28 of 2016,s. 220, for paragraphs 2 and 3 (W.e.f: 27-6-2016). 4. Subs. by the A.O_ 1950, for sub-section (2). 5. The words *except the State of Jammu and Kashmir" omitted by Act 62 of 1956,s_ 2 and the Schedule (W.e.f. 1-11-1956)- 6. Sections 2 to 19,47,50 to 52,55 to 58 and 61 were brought into force on Ist January, 1935,see Gazette of India, 1934,Pt: I, p_ 1369, and the other sections on Ist April, 1935, seeibid , 1935, Pt I, p. 538. 7. Subs. by the M.O. 1937, for "G.G. in € 8. Clauses (a) and (ai) omitted by Act 61 of 1981, s. 61 and the Second Schedule (W.e.f. 12-7-1982)_ 9 Clause (aa) re-lettered as clause (aii) by Act 23 of 1965, s. 2 (W.e.f: 1-3-1966). 10. Ins. by Act 51 of 1974, $_ 2 (w.e.f: 13-12-1974)- 11. Ins. by Act 6 of 2022,s. 125 (W.e.f. 30-3-2022)_ 2[(bva) Consumer Price Index means the Consumer Price Index Combined published by the Government of India from time to time;] '[#[(bvi)] ~Deposit Insurance Corporation' means the Deposit Insurance Corporation established under