Section 53 of The Reserve Bank of India Act, 1934 View Chapter 4

Returns.

   (1)  The Bank shall prepare and transmit to the 1[Central Government] a weekly account of the Issue Department and of the Banking Department in 2[such] form as the 1[Central Government] may, by notification in the Gazette of India, prescribe. The 1[Central Government] shall cause these accounts to be 3[published in the Gazette of India at such intervals and in such modified form as it may deem fit].

   (2)  The Batik shall also, within two months from the date on which the annual accounts of the Bank are closed, transmit to the 4[Central Government] a copy of the annual accounts signed by the Governor, the Deputy Governors and the Chief Accounting Officer of the Bank, and certified by the auditors, together with a report by the Central Board on the working of the Bank throughout the year, and the 4[Central Government] shall cause such accounts and report to be published in the Gazette of India.

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1Subs. by the M.O. 1937, for "G.G. in C.".

2Subs. by the M.O. 1937, for certain words.

3Subs. by Act 24 of 1978, s. 9, for "published weekly in the Government of India" (w.e.f. 21-7-1978).

4Subs. by the M.O. 1937, for "G.G. in C.".

5Sub-section (3) omitted by Act 62 of 1948, s. 7 and the Schedule (w.e.f. 1-1-1949).