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1The Government Savings Banks Act, 1873

( ACT NO. V OF 1873 )


Payment of deposits belonging to Lunatics
12. If any depositor becomes insane or otherwise incapable of managing his affairs,
and if such insanity or incapacity is proved to the satisfaction of the Secretary of the Bank in which his deposit may be,
such Secretary may, from time to time, make payments out of the deposit to any proper person,
and the receipt of such person, for money paid under this section, shall be a sufficient discharge therefor.
Where a committee or manager of the depositor's estate has been duly appointed, nothing in this section authorizes payments to any person other than such committee or manager.

  • 1
    Throughout this Act, except otherwise provided, the words "Bangladesh" and "Government" were substituted, for the words "Pakistan" and "Central Government" respectively by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973).
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Ministry of Law, Justice and Parliamentary Affairs