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Banking Companies (Acquisition and Transfer of Undertakings) Act,1970

Act No : 5

Section : References to existing banks on and from the commencement of this Act

17. References to existing banks on and from the commencement of this Act. Any reference to any existing bank in any law, other than this Act, or in any contract or other instrument shall, in so far as it relates to the undertaking which has been transferred by section 4, be construed as a reference to the corresponding new bank.

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