Section 10. In section 205A of the principal Act,

10. In section 205A of the principal Act,— (a) for sub-section (5), the following sub-section shall be substituted, namely:— "(5) Any money transferred to the unpaid dividend account of a company in pursuance of this section which remains unpaid or unclaimed for a period of seven years from the date of such transfer shall be transferred by the company to the Fund established under sub-section (1) of section 205C."; (b) in sub-section (6),— (i) for the words "general revenue account of the Central Government", the words, figures and letter "Fund established under section 205C" shall be substituted; (ii) for the words "to such officer as the Central Government may appoint", the words "to such authority or committee as the Central Government may appoint" shall be substituted; (c) for sub-section (7), the following sub-section shall be substituted, namely:— "(7) The company shall be entitled to a receipt from the authority or committee under sub-section (4) of section 205C for any money transferred by it to the Fund and such a receipt shall be an effectual discharge of the company in respect thereof.".