Section 53. Returns

53. Returns.— (1) The Bank shall prepare and transmit to the[5] [Central Government] a weekly account of the Issue Department and of the Banking Department in[12] [such] form as the[5] [Central Government] may, by notification in the Gazette of India, prescribe. The[5] [Central Government] shall cause these accounts to be[13] [published in the Gazette of India at such intervals and in such modified form as it may deem fit]. 1. Subs. by Act 24 of 1978, s. 9, for "Indian Income-tax Act, 1922" (w.e.f. 21-7-1978). 2. The proviso omitted by Act 62 of 1948, s. 7 and the Schedule (w.e.f. 1-1-1949). 3. Sub-section (2) omitted by s. 7 and the Schedule, ibid . (w.e.f. 1-1-1949). 4. Subs. by Act 62 of 1948, s. 7 and the Schedule, for section 50 (w.e.f. 1-1-1949). 5. Subs. by the M.O. 1937, for "G.G. in C.". 6. Subs. by Act 32 of 1951, s. 18, for "Auditor General" (w.e.f. 1-11-1951). 7. The words "or such auditors as it thinks fit" omitted by Act 62 of 1948, s. 7 and the Schedule (w.e.f. 1-1-1949). 8. The words "if appointed by it or at the expense of the Central Government if appointed by that Government" omitted by Act 24 of 1955, s. 9 (w.e.f. 8-5-1955). 9. The words "to the shareholders or" omitted by Act 62 of 1948, s. 7 and the Schedule (w.e.f. 1-1-1949). 10. The words "as the case may be" omitted by s. 7 and the Schedule, ibid . (w.e.f. 1-1-1949). 11. The words "Any such report made to the shareholders shall be read, together with the report of the Central Board, at the annual general meeting" omitted by s. 7 and the Schedule, ibid. (w.e.f. 1-1-1949). 12. Subs. by the M.O. 1937, for certain words 13. Subs. by Act 24 of 1978, s. 9, for "published weekly in the Government of India" (w.e.f. 21-7-1978). (2) The Batik shall also, within two months from the date on which the annual accounts of the Bank are closed, transmit to the[1] [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 1[Central Government] shall cause such accounts and report to be published in the Gazette of India. 2* * * * *