Section 4: Holdings by or on behalf of minors

Q: What does Section 4 of The Government Savings Certificates Act, 1959 (TGSCA) deal with?

Section 4 TGSCA pertains to "Holdings by or on behalf of minors". It is part of the The Government Savings Certificates Act, 1959, a legislation enacted by the Parliament of India. Section 4 of The Government Savings Certificates Act, 1959 (TGSCA) governs holdings by or on behalf of minors. As verified on 19 May 2026.

Q: Is Section 4 TGSCA still in force?

Yes, Section 4 of the The Government Savings Certificates Act, 1959 is currently in force across the Republic of India.

Q: What is धारा 4 TGSCA?

धारा 4 TGSCA is the Devanagari Hindi reference for Section 4 of the The Government Savings Certificates Act, 1959. Section 4 of The Government Savings Certificates Act, 1959 (TGSCA) governs holdings by or on behalf of minors. As verified on 19 May 2026.

Q: What is Dhara 4 TGSCA?

Dhara 4 TGSCA is the Roman Hindi reference for Section 4 of the The Government Savings Certificates Act, 1959. "Dhara" means "Section" in Hindi. Section 4 of The Government Savings Certificates Act, 1959 (TGSCA) governs holdings by or on behalf of minors. As verified on 19 May 2026.

Q: How to cite Section 4 of The Government Savings Certificates Act, 1959?

Cite as: "Section 4, The Government Savings Certificates Act, 1959 (TGSCA)" in legal briefs. For academic writing, use the BlueBook format: The Government Savings Certificates Act, 1959, § 4 (India).

Law on Tips Editorial Board

Notwithstanding any provision in any law for the time being in force,-

(a) a minor may apply for and hold savings certificates and any other person may apply for and hold savings certificates on behalf of a minor;

(b) where any savings certificate is held by or on behalf of a minor, the minor shall, whether the savings certificate was applied for and issued before or after the commencement of this Act, be bound by the provisions of this Act and of any rules made thereunder applicable to such savings certificate and by the terms of any declaration made by the applicant for the savings certificate in pursuance of the said rules.